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Most retrospective merger studies resort to the treatment effect approach, comparing the price dynamics in a treatment … thus that seemingly distant entities may be affected through indirect channels. An illustration based on a merger in the … Parisian parking market is provided. -- merger retrospective analysis ; treatment effect models …
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Starting in the mid-1990s, the U.S. petroleum industry experienced a wave of mergers, several of them between large petroleum companies that were previously competitors. Using an econometric analysis of terminal city-specific data, this study finds that the majority of the mergers led to higher...
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