policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …

price collusion or merger is expected and with multi-product monopoly. In models with no price competition, less specific …

This paper develops a model that formalizes several connections between mergers, collusion and competition policy. In … equilibrium, firms may merge to make collusion sustainable when it cannot be sustained with the original set of firms. A rise in … the probability of detecting and prosecuting collusion could induce a wave of mergers, so firms can sustain collusion …

tacit collusion is most likely. We construct a database relating to 62 candidate mergers and find that, in the eyes of the … Commission, tacit collusion in this context virtually never involves more than two firms and requires close symmetry in the …

This article finds that non-controlling minority shareholdings among competitors lower the sustainability of collusion …. This is the case under an even greater variety of situations than was indicated by earlier literature. The collusion …