We study competition in the German interurban bus industry two years after its liberalization in January 2013. In … of market power by incumbents – and derive several recommendations to secure effective competition in the industry. …

to study both competitive interaction in general and the potential price effects of a recently announced merger of the … empirical results suggest short-term price increases on certain route types post-merger, it remains an open question whether the … merger should be classified as anticompetitive. …

The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market …

Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be … profitable. The profitability depends on the post-merger contest st ructure, the discriminatory power of the contest and on the …