Showing 1 - 10 of 373
We set up a model to analyze the effects of mergers between sellers of complementary components where firms invest in …
Persistent link: https://www.econbiz.de/10012001659
Assortment decisions are key strategic instruments for firms responding to local market conditions. We assess this claim by studying the effect of a national merger between two large Dutch supermarket chains on prices and on the depth as well as composition of assortment. We adopt a...
Persistent link: https://www.econbiz.de/10011846229
We study the effect of a merger between two Dutch supermarket chains to assess its effect on the depth as well as composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in the merger's effects, controlling for selection on observables through a...
Persistent link: https://www.econbiz.de/10012543525
. That includes mergers that are known to be unprofitable in the corresponding static equilibrium framework. …
Persistent link: https://www.econbiz.de/10010434092
We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in …
Persistent link: https://www.econbiz.de/10011451069
Using data from the US automobile market, we empirically examine the link between competition and innovation. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic importance, market dynamics, and the significant...
Persistent link: https://www.econbiz.de/10011342391
We analyze competition between data intermediaries collecting information on consumers, which they sell to firms for price discrimination purposes. We show that competition between data intermediaries benefits consumers by increasing competition between firms, and by reducing the amount of...
Persistent link: https://www.econbiz.de/10012628762
. We show that allowing acquisitions stimulates platform innovation, but at the cost of a more concentrated market …
Persistent link: https://www.econbiz.de/10015164657
We analyze the impact of a merger on firms' incentives to innovate. We show that the merging parties always decrease their innovation efforts post-merger while the outsiders to the merger respond by increasing their effort. A merger tends to reduce overall innovation. Consumers are always worse...
Persistent link: https://www.econbiz.de/10011669398
these multi-sided companies along with each company’s most important market segments. We then track their mergers and … acquisitions and match them with the segments. This exercise shows that these five firms use M&A activity mostly to strengthen …, therefore, acquisition appears to be a substitute for in-house R&D. Finally, from our check for possible "killer acquisitions …
Persistent link: https://www.econbiz.de/10012154717