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 competition, focusing on digital media content distribution. In doing so …

is analyzed both mergers sustainability and their relative effects on welfare. It is proved that the merger between the …

? model, Berry, Levinsohn and Pakes (1995). While the dominance test may fail to identify damaging mergers in differentiated …

We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in …

attempts from abroad and instead favoured mergers among national firms. In this paper we offer an explanation why globalization …

and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of … trade freeness, (ii) the possibility of rent appropriation on world markets, and (iii) direct synergy effects of mergers …. Cross-border M&A is privately and socially more attractive than domestic mergers. National competition policy may be too …