market. Using detailed matched employer-employee data, we analyze how firm takeovers and product market competition are …

horizontal merger activity. We propose a theoretically-backed methodological approach to classify mergers that yields more … information on merger types and merger effects, and that can, moreover, distinguish between mergers characterized largely by … collusion-based synergies and mergers characterized largely by efficiency-based synergies. Crucial to the proposed measurement …

effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers …