Evaluating network effects and two-sidedness is critical for merger control in the digital economy.To examine the … likely to hurt consumers. In two-sided markets, the effect of mergers on consumer surplus depends on merging parties' pre-merger … consumers are likely to benefit from mergers. These results provide theoretical guidance on merger policy toward platforms …

merger assessment. Subsequently, the article will present the OFT approach towards efficiencies and the OFT's policy as … developed in the Global/GCap merger …

concentration among the competitive fringe lowers the profitability of merger as compared to cartel. We then discuss the impact of …Cartels and horizontal mergers can be viewed as alternative arrangements to increase profitability and act as means of … that in absence of any penalty on cartel, a firm always prefers a cartel to merger, when the latter does not involve any …

I find on average firms respond to a horizontal merger by investing less in PP&E, labor, and R&D. There is notable … the inverted-U relationship between competition and innovation. Also, I show evidence that financial constraints and …

We analyze the profitability of horizontal mergers in Cournot markets, where firms are divided into two groups based on … likely to occur when either products are more distant substitutes or the number of merger outsiders decreases. Moreover, the … relative size of each group is a crucial factor that determines which type of merger is more profitable than the other …

concentration statistics derived from them, form an appropriate basis for presuming harm to competition from merger. This revision … coordinated and unilateral competitive effects of merger. The central issue considered is when and how market shares, and market …