This paper deals with firms' decision related to international activities in a twocountry oligopoly model with a …

the results in the existing merger literature on integrated markets). Although the sum of consumer surplus across the …

We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic … competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may … of government. With an unbiased competition agency we find that the foreign takeover is more likely to occur the higher …

We present a model of takeover where the target optimally sets its reserve price. Under relatively standard symmetry … restrictions, we obtain a unique equilibrium. The probability of takeover is only a function of the number of firms and of the … Bertrand models. A takeover is more likely under Bertrand competition if goods are substitutes and more likely under Cournot …

. Furthermore, a merger can lead to an equilibrium in which only the high-demand market is served. This is more likely (i) the lower … consumers' transportation costs and (ii) the higher the concentration of the industry. Therefore, merger incentives are much …

media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … merger control in this industry, as well as a more active abuse control against already vertically-integrated media companies …