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data from the European Commission’s market assessments in merger decisions with production data, we use recent … methodological advances in the estimation of production functions to estimate markups and total factor productivity. We investigate … the performance of almost 600 rival firms in close to 200 merger cases before and after the change in market structure …
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This paper aims to shed light on the economic tools, as well as the legal-economic reasoning, which are used by different European antitrust authorities to assess the allegedly anticompetitive practices of a platform operating in a two-sided market (2SM). First of all, we show that despite the...
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