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method to study merger effects on firm entry and product variety in the retail craft beer market in California. We simulate …
Persistent link: https://www.econbiz.de/10013334365
/Modelo merger. The merger relaxes incentive compatibility constraints and increases the equilibrium supermarkup. Merger efficiencies …
Persistent link: https://www.econbiz.de/10012898348
in the Horizontal Merger Guidelines. Through a model of enforcement, we find that agencies challenge mergers they expect …We document the effects of a comprehensive set of US retail mergers. On average, prices increase by 1.5% and quantities … decrease by 2.3%, with significant heterogeneity in outcomes across mergers. Price changes correlate with the screens codified …
Persistent link: https://www.econbiz.de/10014250141
in the Horizontal Merger Guidelines. Through a model of enforcement, we find that agencies challenge mergers they expect …We document the effects of a comprehensive set of US retail mergers. On average, prices increase by 1.5% and quantities … decrease by 2.3%, with significant heterogeneity in outcomes across mergers. Price changes correlate with the screens codified …
Persistent link: https://www.econbiz.de/10014348975
In this ex-post analysis, we have used three large pharmaceutical merger cases to examine the correctness of the market … three merger cases that were reviewed by both competition authorities between 2000 and 2015 with regard to their impact on …
Persistent link: https://www.econbiz.de/10014255748
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual … media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine … economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …
Persistent link: https://www.econbiz.de/10012011207
Product differentiation is well established as being the key source of the cereal industry's high price-cost margins. However, there is little consensus as to whether pricing collusion is also a source of profitability, and indeed, whether price even serves as a strategic variable in this...
Persistent link: https://www.econbiz.de/10014215451
Though U.S. antitrust authorities have historically focused on prices in merger analyses, there is now growing interest … in the impact of mergers on non-price market outcomes. In this paper, we examine the effect of horizontal mergers on … product variety in the U.S. beer industry. Upon acquisition by a macrobrewer, a craft brewery reduce its product variety in …
Persistent link: https://www.econbiz.de/10014237452
for current merger policy and broaden our understanding of the processes shaping the economic geography of retail trade …
Persistent link: https://www.econbiz.de/10009239963