I estimate the price and productivity effects of horizontal mergers in the ready-mix concrete industry using plant and … firm-level data from the US Census Bureau. Horizontal mergers involving plants in close proximity are associated with price … relationship between productivity and prices, the rate at which productivity reduces price is modest and the effects of increased …

differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger …. We allow the merger responses to vary across firms, even after controlling for regressors, and apply a random …' postmerger output further increases (and postmerger price further declines) if merging firms are more efficient, operate in more …

, 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. …

are robust to a range of approaches to address the endogeneity of firms' merger decisions …

are robust to a range of approaches to address the endogeneity of firms' merger decisions …