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convey more bargaining power to the merged entity than a horizontal merger to monopoly. In a bidding game for an exogenously … determined target firm, a vertical merger can dominate a horizontal one, while pre-emption does not occur. …
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This Article provides a framework for the analysis of the potential effects of the recent AOL/Time Warner merger on the … evaluate the post-merger incentives of AOL Time Warner to engage in either or both forms of discrimination …
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I analyse the effects of a downstream merger in a differentiated oligopoly when there is bargaining between downstream … competition is in quantities, upstream agents are independent and bargaining is over a uniform input price, a merger between … output, the standard welfare results are restored: a downstream merger always reduces consumer surplus and overall welfare. …
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