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. …

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 …

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 …

merger by either reducing or increasing both price and quality. Welfare implications are not clear-cut and mergers might …

merger will be effectively realised. Moreover, the paper offers a possible explanation for merger failures. …

We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy … environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing …. incentives to give subsidies to their local firms. National merger induces more strategic trade policy, whereas international …

This paper explores the effects of a European airline merger followed by a consolidation of two competing international … alliances. The exercise has been inspired by the Air France-KLM merger, which is expected to spur consolidation of the Northwest … through higher profits, the merger and alliance consolidation harm consumers while reducing overall social surplus. The reason …

compatibility and can engage in bundling. We consider the impact of merger on prices, investment and consumer surplus. We also …

differential merger outcomes are caused mostly by firms' technology or product market attributes. Furthermore, empirical merger …. We allow the merger responses to vary across firms, even after controlling for regressors, and apply a random …