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Merger value is frequently evaluated in single market contexts without considering possible gains stemming from firms … multimarket firms create incremental value. We establish a simple theoretical model that determines merger value in a multimarket … firm environment. The model enables us to derive merger values as being independent of post-merger market shares, but …
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This paper considers a general symmetric quantity-setting oligopoly where the "coefficient of cooperation" defined by … Structure on Cournot-Nash Equilibrium, 1983) about merger profitability are sensitive to the assumption of pre-merger Cournot …
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Mergers and acquisitions shape industry competition. Effective merger remedies are important for market efficiency and …-phase, bifurcated merger control system. This system integrates ex-ante processes with more systematic and comprehensive ex … merger control in dynamic markets. …
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competition between firms, and by reducing the amount of consumer data collected. We argue that merger policy guidelines should …
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