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We discuss and evaluate recent developments and the debate in merger control in the digital markets. Our focus is on the so called 'killer acquisitions' that refer to situations in which a dominant firm acquires smaller start-up rivals with the alleged intention to eliminate potential future...
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The analysis of unilateral effects in horizontal mergers — especially on markets for differentiated goods — can take into consideration the extent to which the merging firms are close competitors. The elimination of a close competitor can result in an upward pricing pressure (UPP) on the...
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Should internet era merger policy differ from industrial era merger policy? Platform ecosystems rely on economies of scale, data-driven economies of scope, high-quality algorithmic systems, and strong network effects that frequently promote winner-take-most markets. Their market dominance has...
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