to the merger. We show that a PPO reduces the minimal synergy level necessary to make a merger beneficial for consumers …

order to reduce her agency costs. Whenever this incentive effect dominates the well-known direct synergy effect, synergies …

these revisions to the Guidelines have a solid economic basis, they leave open many questions, both in theory and in … oligopoly theory regarding cost savings, competition, and consumer welfare …

Although the interdependence between the core competencies of the collaborating partners and synergy as an important … for scholars and practitioners to incorporate real options theory into resource-based views (RBV) to measure collaborative …