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distinguishable types. This contribution explains absolute market power (single-firm monopoly and dominance), collective market power …, distributional issues). Therefore, competition policy usually focuses on preventing non-merit paths to market power (merger control … market entries to discipline the behavior of powerful incumbents on monopoly or dominance markets. Recently, contestability …
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moderately increasing average industry concentration over the last two decades, a considerably increasing proportion of high … concentration industries, and an overall tendency towards oligopolistic structure. Estimates of aggregate profitability also show a …
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I study the predictability of the EC’s merger decision procedure before and after the 2004 merger policy reform based … concerns in markets affected by a merger, I find that the predictive performance of the random forests is much better than the … concerns. Secondly, postreform, DG Comp seems to base its assessment on a more complex interaction of merger and market …
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and the confidential nature of merger negotiations allows us to precisely measure the wealth effects of M&As in a laissez …
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