We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under … Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade … unions organising workers. If the input suppliers are plant-specific, we find that a merger is more profitable than in a …

merger by either reducing or increasing both price and quality. Welfare implications are not clear-cut and mergers might …We study the effects of horizontal mergers when firms compete on quality and price. Two key factors are identified: (i … demand. The merging firms will increase (reduce) both quality and price if the degree of competition is sufficiently stronger …

long panel of data on hospital mergers in the English NHS, where we find that the effects of a merger on waiting times …We analyse – theoretically and empirically – the effect of hospital mergers on waiting times in healthcare markets … waiting times as a result of the merger is larger if the hospitals are more profit-oriented. This result is arguably confirmed …

merger by either reducing or increasing both price and quality. Welfare implications are not clear-cut and mergers might …We study the effects of horizontal mergers when firms compete on quality and price. Two key factors are identified: (i … demand. The merging firms will increase (reduce) both quality and price if the degree of competition is sufficiently stronger …

Using a spatial competition framework with three ex ante identical firms, we study the effects of a horizontal merger … and prices. Overall, a merger leads to higher average prices and quality in the market. The welfare implications of a … merger are not clear-cut. If the demand responsiveness to quality is sufficiently high, some consumers benefit from the …

We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under … Cournot competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade … unions organising workers. If the input suppliers are plant-specific, we find that a merger is more profitable than in a …

long panel of data on hospital mergers in the English NHS, where we find that the effects of a merger on waiting times …We analyse - theoretically and empirically - the effect of hospital mergers on waiting times in healthcare markets … waiting times as a result of the merger is larger if the hospitals are more profit-oriented. This result is arguably confirmed …