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is an important enhancement of substantive merger appraisal, it should not be considered sufficient in itself for the … finding of a significant impediment to effective competition in terms of Article 2 of the EU Merger Regulation (EUMR). Rather … of any theory of harm …
Persistent link: https://www.econbiz.de/10013020744
There has been considerable consolidation in the hospital industry in recent years. Over 900 deals occurred from 1994-2000, and many local markets, even in large urban areas, have been reduced to monopolies, duopolies, or triopolies. This surge in consolidation has led to concern about...
Persistent link: https://www.econbiz.de/10014062147
We study platforms competing in commissions on revenues of sellers engaged in monopolistic competition, as the app providers on the app stores of iPhones and Android devices. Free entry of sellers on each platform generates multihoming superstars and a long tail of singlehoming sellers....
Persistent link: https://www.econbiz.de/10013216580
March 2, 2017, Promoting Innovation and Efficiency by Streamlining Competition Reviews. It is time for Ottawa to reform … its merger review process to ensure that Canada is actively promoting efficiencies and innovation, according to a new C ….D. Howe Institute report. In “Promoting Innovation and Efficiency by Streamlining Competition Reviews,” authors Brian Facey …
Persistent link: https://www.econbiz.de/10012961671
The U.S. and EU Merger Guidelines strongly emphasize the relevance of the "ease of entry" argument in merger … reduced-form regression results show that mergers dominated by efficiency effects have a negative impact on the number of … firms in the product market. Mergers dominated by market power effects result in a higher number of firms than efficiency …
Persistent link: https://www.econbiz.de/10011481190
Persistent link: https://www.econbiz.de/10012387349
Persistent link: https://www.econbiz.de/10012159656
Historically South Africa has favoured incumbents/national champions over rivalry (competition) in the telecommunications sector. However, the importance of competition has become more apparent with each new development in the sector. Given the changes in this dynamic sector it is important to...
Persistent link: https://www.econbiz.de/10012979676
This paper examines the barriers to entry and expansion of competitor airlines in South Africa. The exit of 1Time from the market as well as the experience of FlySafair, a recent entrant, are used to draw lessons about competitive conditions and constraints that new airlines face in the market....
Persistent link: https://www.econbiz.de/10012961795
Consolidation and increased concentration in the agrifood sector over the past two decades, combined with an increased use of alternative marketing agreements in the poultry and livestock industries, have fueled concerns of anti-competitive behavior among large agribusinesses such as the major...
Persistent link: https://www.econbiz.de/10014195648