We show that the presence of a strategic tax policy increases the incentive for a horizontal merger compared to the … a horizontal merger that has been ignored in the existing literature. In contrast to the usual belief, we also show that … a horizontal merger may benefit the consumers and the society. …

This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We … shows that whether competition has a positive or negative effect on price dispersion depends on the level of demand …

there are good reasons to expect anti-competitive effects of slotting allowances. We further point out that competition …

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 …

In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find … greater dampening of competition. We also derive comparative statics on the prices of the acquiring firm, the acquired firm …

This paper presents a model of media competition with free entry when media operators are financed both from …

ad-averse consumers and advertising space to firms. As all consumers prefer high over low quality content, competition … for viewers is vertical. By contrast, competition for advertisers is horizontal, taking into account the firms’ targeted …