Haas, Samuel de; Schäfer, Jan Thomas - 2017
We study effects on prices and quantities of a takeover in the rather concentrated German interurban bus industry. We … empirically asses the effect of the takeover of Postbus by Flixbus on industry key features, using a route-level price data set … significantly in the post-takeover phase. This absence of a price increase despite the removal of a close competitor could be an …