Purpose - This paper aims to address the question: What is the distribution of value (in pounds) created in a sample of domestic takeovers in the United Kingdom from 2013 to 2020 among acquirer and target stockholders? Design/methodology/approach - The author employs a traditional event study...

United States antitrust merger analysis has recently focused on simulating the unilateral effects of mergers. We develop a model to simulate the unilateral price increase from a merger in an auction market. We illustrate our results in the context of hospital mergers in the U.S., and calibrate...

According to common wisdom, mergers between complementary-goods firms should not raise anti-competitive concerns. Regulatory authorities rarely challenge them indeed. In this paper, I offer an alternative perspective in a model of price-competition in a complementary oligopoly industry with...