Budzinski, Oliver; Kretschmer, Jürgen-Peter - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2009
neglected. We introduce them into a standard oligopoly model of horizontal merger by assuming an (empirically supported …-side effects remain negligible. Eventually, policy conclusions for merger control are discussed. …Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect …