Showing 121 - 130 of 745,308
Persistent link: https://www.econbiz.de/10011446736
neglected. We introduce them into a standard oligopoly model of horizontal merger by assuming an (empirically supported …) decrease in labour demand due to merger-specific synergies and derive welfare effects. We find that efficiency benefits from …-side effects remain negligible. Eventually, policy conclusions for merger control are discussed. …
Persistent link: https://www.econbiz.de/10010321682
We modify the UPP test of Farrell and Shapiro (2010) to take into account the possibility that a merger weakens (or … eliminates) a vertical supply relationship. After deriving a general effect of the merger, we provide an example of simple …
Persistent link: https://www.econbiz.de/10011411835
Persistent link: https://www.econbiz.de/10012039978
Persistent link: https://www.econbiz.de/10008934880
The unprecedented access of firms to consumer level data facilitates more precisely targeted individual pricing. We study the incentives of a data broker to sell data about a segment of the market to three competing firms. The segment only includes a share of the consumers in the market around...
Persistent link: https://www.econbiz.de/10012695129
The literature on cartel stability sidelines antitrust policy, whereas the literature on antitrust policy tends to neglect issues of cartel stability. This paper attempts to connect these two interrelated aspects in the context of an augmented quantity leadership model. The cartel is the...
Persistent link: https://www.econbiz.de/10012012419
reconciled with principles of oligopoly theory. This article (1) presents a fundamental reconceptualization of our understanding …
Persistent link: https://www.econbiz.de/10011810824
behavior, at least one of these actors is always missing. By contrast, the present paper's oligopoly model includes all three …
Persistent link: https://www.econbiz.de/10012425162
We prove that a sufficient condition for the core existence in a n-firm vertically differentiated market is that the qualities of firms' products are equally-spaced along the quality spectrum. This result contributes to see that a fully collusive agreement among firms in such markets is more...
Persistent link: https://www.econbiz.de/10012837016