competition and one that is used in the definition of the relevant market. These two methods are the merger simulation and the …-mentioned empirical methods. Finally, in the last part of this article we will evaluate whether the methodology behind merger simulation … assessment of a merger. One such type of empirical analysis refers to the assessment of the unilateral effects of the merger on …

downstream prices will rise as a result of the merger. This approach has gained acceptance.In this paper we present the results … of Monte Carlo simulations of a vertical merger for a simple setup with one upstream monopolist and two downstream firms …. In the simulations, the upstream price paid by the remaining downstream rival can either rise or fall. The downstream …