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Advanced economic instruments like simulation models are enjoying an increased popularity in practical antitrust. There is hope that they being quantitative predictive economic evidence can substitute for qualitative structural analysis and lead to unambiguous results. This paper demonstrates...
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Standard analysis of mergers in oligopolies along the lines of the popular Farrell-Shapiro Framework (FSF) relies, regarding its policy conclusions, on the assumption that rational agents will only propose privately profitable mergers. If this assumption were held, a positive external effect of...
Persistent link: https://www.econbiz.de/10011452858
Nachdem das Bundeskartellamt die Fusion von Miba und Zollern abgelehnt hat, haben die beiden Unternehmen eine Ministererlaubnis beantragt. Dabei wurden bekannte, aber auch neue Gründe genannt, um einen Gemeinwohlvorteil des antikompetitiven Zusammenschlusses aufzuzeigen. Die Autoren untersuchen...
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This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine economic effects of these types of mergers on market...
Persistent link: https://www.econbiz.de/10012011207
Standard analysis of mergers in oligopolies along the lines of the popular Farrell-Shapiro-Framework (FSF) relies regarding its policy conclusions sensitively on the assumption that rational agents will only propose privately profitable mergers. If this assumption held, a positive external...
Persistent link: https://www.econbiz.de/10011492104
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