Recent merger decisions by competition authorities have revived the debate on the relationship between competition and … competition assessment of the impact of a merger on dynamic competition, including its effects on innovation …

. Even if market concentration and technological disadvantages lead to a significant welfare reduction after merger, from …

indicate that so long as two firms remain in the market post merger, the average transaction price is roughly unaffected by … horizontal mergers. However, there are potential distributional effects; our estimates indicate that a three-to-two merger raises …

, specifically with regards to horizontal mergers. Studying mergers that span several markets, we show that a myopic merger policy … may thwart a surplus-increasing merger wave. The analysis does not rely on any tacit or explicit collusive behavior by the …

Structure on Cournot-Nash Equilibrium, 1983) about merger profitability are sensitive to the assumption of pre-merger Cournot …

vertical mergers. Using public data from the Comcast-Time Warner-Adelphia Merger Order of the Federal Communications Commission …