This paper analyzes the effects of mergers and acquisitions on the markups of non-merging rival firms across a broad … production functions, we estimate markups as a measure of market power. Our results indicate that rivals significantly increase … their markups after mergers relative to a matched control group. Consistent with increases in market power, the effects are …

region and drives up gas and electricity prices. The firms observed to withhold pipeline capacity also own non … estimate that capacity withholding increased average gas and electricity prices by 38% and 20%, respectively, over the three … role in the US electricity generation mix. In recent years, the region’s wholesale natural gas and electricity markets have …

divestitures on German wholesale electricity prices. Our identification strategy is based on the observation that energy suppliers … convergence between peak and off-peak prices. Using daily electricity prices for the 2006 - 2012 period and controlling for cost …In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the …

divestitures on German wholesale electricity prices. Our identification strategy is based on the observation that energy suppliers … convergence between peak and off-peak prices. Using daily electricity prices for the 2006 - 2012 period and controlling for cost …In 2008, the European Commission investigated E.ON, a large and vertically integrated electricity company, for the …