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This paper analyzes the effects of a merger between a German supermarket chain and a soft discounter on consumer prices … indicate that both insiders and outsiders raised average prices after the merger, particularly in regions with high expected … by competition authorities were not sufficient to o set anti-competitive effects. …
Persistent link: https://www.econbiz.de/10011781038
Persistent link: https://www.econbiz.de/10013450587
forms of demand and retail competition. Whether countervailing buyer power arises, in the form of lower negotiated prices …
Persistent link: https://www.econbiz.de/10011334106
This paper evaluates the price effects of the merger of two major UK book retailers. We use a dataset containing … monthly scanner data on a sample of 200 books in 50 local markets for four years around the merger. We compare the price … changes after the merger in shops located in areas where both chains were present before the merger and in areas where only …
Persistent link: https://www.econbiz.de/10011877716
This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger … prices, we undertake an ex-post assessment of the impact of the merger at both levels. At the local level, we compare the …
Persistent link: https://www.econbiz.de/10011730989
Persistent link: https://www.econbiz.de/10014439393
There are legal grounds to hear competitors in merger control proceedings, and competitor involvement has gained … significance. To what extent this is economically sensible is our question. The competition authority applies some welfare standard … in EU merger cases and give an overview of the legal discussion in the EU and US. …
Persistent link: https://www.econbiz.de/10010492989
Non-controlling minority shareholdings in rivals (NCMS) lower the sustainability of collusion under a wide variety of circumstances. Nevertheless, NCMS are sometimes deemed to facilitate collusion, in particular if the level of NCMS is exogenous. The present paper endogenizes firms' choice of...
Persistent link: https://www.econbiz.de/10012287557
Non-controlling minority shareholdings in rivals (NCMS) lower the sus- tainability of collusion under a wide variety of circumstances. Nevertheless, NCMS are sometimes deemed to facilitate collusion, in particular if the level of NCMS is exogenous. The present paper endogenizes firms' choice of...
Persistent link: https://www.econbiz.de/10011992347
. Even if market concentration and technological disadvantages lead to a significant welfare reduction after merger, from …
Persistent link: https://www.econbiz.de/10010343946