mergers can be jointly unprofitable. Second, the buyer's preferred merger partner is almost always the seller with lower …

We examine the role of private information on the impact of vertical mergers. A vertical merger can improve the … information that is available to an upstream monopolist because, after the merger, the monopolist can observe the cost of its … downstream merger partner. In the pre-merger world, because the costs of the downstream firms are private information, the …

media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies. …