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pressure indices, the GUPPI concept of Salop/Moresi (2009) and the vGUPPI concept of Moresi/Salop (2013). Such a simple …The paper analyzes gross upward pricing pressure indices called iGUPPI to assess the effects of a merger between … screen mergers between mobile network operators which compete with mobile virtual network operators in the downstream retail …
Persistent link: https://www.econbiz.de/10011842707
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media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual … economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …
Persistent link: https://www.econbiz.de/10012011207
We study welfare effects of horizontal mergers under a successive oligopoly model and find that downstream mergers can … conditions for a reduction in input prices and welfare-improving horizontal mergers under a general demand function. Qualitative … nature of our findings remains unchanged for upstream mergers. …
Persistent link: https://www.econbiz.de/10011491438
We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger’s potential …
Persistent link: https://www.econbiz.de/10010484491
a merger among them. We show that when manufacturers distribute their products through multi-product retailers, a … manufacturers merger, although it leads to an increase in the wholesale prices, it can enhance product variety. The merger generated … products to consumers, a merger never results into more product variety. Still, both in the presence and in the absence of …
Persistent link: https://www.econbiz.de/10010388531
We study welfare effects of horizontal mergers under a successive oligopoly model and find that downstream mergers can … conditions for a reduction in input prices and welfare-improving horizontal mergers under a general demand function. Qualitative … nature of our findings remains unchanged for upstream mergers …
Persistent link: https://www.econbiz.de/10013043643
a merger among them. We show that when manufacturers distribute their products through multi-product retailers, a … manufacturers merger, although it leads to an increase in the wholesale prices, it can enhance product variety. The merger generated … products to consumers, a merger never results into more product variety. Still, both in the presence and in the absence of …
Persistent link: https://www.econbiz.de/10013047344
We examine the role of private information on the impact of vertical mergers. A vertical merger can improve the … information that is available to an upstream monopolist because, after the merger, the monopolist can observe the cost of its … downstream merger partner. In the pre-merger world, because the costs of the downstream firms are private information, the …
Persistent link: https://www.econbiz.de/10013223455