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vertical mergers. Using public data from the Comcast-Time Warner-Adelphia Merger Order of the Federal Communications Commission …
Persistent link: https://www.econbiz.de/10010391562
I study a merger between producers of complement inputs facing entry of superior inputs, with investment by the … incumbents in deterministic cost reduction and by the entrants in probabilistic innovation, and competition in prices. The merger … on R&D by the incumbents (entrants). With inelastic demand the merger harms consumers if the incumbents are efficient …
Persistent link: https://www.econbiz.de/10012914090
The health care industry is being transformed. Large firms are merging and acquiring other firms. Alliances and contractual relations between players in this market are shifting rapidly. Within the next few years, many markets are predicted to be dominated by a few large firms. Antitrust...
Persistent link: https://www.econbiz.de/10014215808
The health care industry is being transformed. Rapid consolidation, taking the form of both mergers and acquisitions and rapidly shifting alliances and contractual relations, has led to a marked increase in concentration. Within the next few years, many markets are predicted to be dominated by a...
Persistent link: https://www.econbiz.de/10014193317
We examine the relation between consumer search and equilibrium prices when collusion is endogenously determined. We develop a theoretical model and show that average price is a U-shaped function of the measure of searchers: prices are highest when there are no searchers (local monopoly power)...
Persistent link: https://www.econbiz.de/10012007152
Fees for banking services have been a policy concern for over 20 years and the subject of several government agencies studies, which focused on the magnitude, incidence, or disclosure of such fees. Using a sample of single market banks, I study the relationship between market-level consumer...
Persistent link: https://www.econbiz.de/10011709329
Given various recent antitrust investigations on the retail sector, we deal with uncovering demand systems substitution patterns for a particular market (diapers) to investigate the inter-format competition (supermarkets vs. discounters vs. drugstores). Using the uncovered demand system we...
Persistent link: https://www.econbiz.de/10010434293
The nature, and normative properties, of competition in health care markets has long been the subject of much debate. In particular, policymakers have exhibited a great deal of reservation toward competition in health care markets, as demonstrated by the plethora of regulations governing the...
Persistent link: https://www.econbiz.de/10014209913
There is not a day goes by without a passionate debate concerning Big Tech companies; while the main concern of governments seems to be related to social justice, a growing worry is associated with the consequences that large firms have on consumer welfare; nowadays these big entities engage in...
Persistent link: https://www.econbiz.de/10012915369
We develop a tractable general equilibrium model of oligopolistic competition that allows for endogenous product differentiation and exhibits various forms of competition, ranging from perfect to monopolistic competition, simultaneously. Our unified framework provides a novel way to integrate...
Persistent link: https://www.econbiz.de/10014344991