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economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … concerning? (ii) Would vertical or horizontal integration be more preferable for overall welfare and competition in this industry …
Persistent link: https://www.econbiz.de/10012869100
economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …, we address three research questions: (i) Is the current development of analyzing industry with its recent merger activity … concerning? (ii) Would vertical or horizontal integration be more preferable for overall welfare and competition in this industry …
Persistent link: https://www.econbiz.de/10012011207
There is broad concern that merger policy toward Big Tech has been too lenient. Big Tech typically operates in markets … characterized by innovation-driven “competition for the market.” I show that this fact provides a rationale for heightened scrutiny … merger policy promotes innovative entry by facilitating entry for buyout. I show that permissive merger policy can also …
Persistent link: https://www.econbiz.de/10012831560
model, we simulate the consequences of counter-factual national merger regulation. The US beer price index would have been 4 …-7% higher without divestitures. Up to 30% savings could have been obtained in Latin America by emulating the pro-competition …
Persistent link: https://www.econbiz.de/10012583906
finding of a significant impediment to effective competition in terms of Article 2 of the EU Merger Regulation (EUMR). Rather … is an important enhancement of substantive merger appraisal, it should not be considered sufficient in itself for the …
Persistent link: https://www.econbiz.de/10013020744
competition between firms, and by reducing the amount of consumer data collected. We argue that merger policy guidelines should …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 …
Persistent link: https://www.econbiz.de/10012628762
before the merger. While the low-variety target's stores reduced the depth of their assortment when in direct competition …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 …
Persistent link: https://www.econbiz.de/10012543525
The use of conduct remedies in merger enforcement raises a number of serious issues, and it may be difficult or …
Persistent link: https://www.econbiz.de/10013074794
Mergers involving nascent competition are a hot topic in antitrust circles, especially in light of the pending FTC case … majority of such mergers are likely to be benign or procompetitive, some might be very harmful to competition and economic …, and addresses policy concerns about merger efficiencies, error costs, the impact of heighted scrutiny of such mergers on …
Persistent link: https://www.econbiz.de/10013307744
This paper focuses on the assessment of long run anti-competitive effects on direct entry following acquisitions by digital ecosystems. The paper develops a model to combine the effects of complementarity and economies of scope, which are the two main characteristics observed in digital...
Persistent link: https://www.econbiz.de/10013249472