Dynamic merger review

V Nocke, MD Whinston - Journal of Political Economy, 2010 - journals.uchicago.edu
We analyze the optimal dynamic policy of an antitrust authority toward horizontal mergers
when merger proposals are endogenous and occur over time. Approving a currently …

Internal versus external growth in industries with scale economies: A computational model of optimal merger policy

B Mermelstein, V Nocke… - Journal of Political …, 2020 - journals.uchicago.edu
We study merger policy in a dynamic computational model in which firms can reduce costs
through investment or through mergers. Firms invest or propose mergers according to the …

Mixed oligopoly, foreign firms, and location choice

N Matsushima, T Matsumura - Regional Science and Urban Economics, 2006 - Elsevier
We investigate a mixed market in which a state-owned, welfare-maximizing public firm
competes against n domestic private firms and m foreign private firms which are all profit …

Geography of domestic mergers and acquisitions (M&As): Evidence from matched firm-level data

P Böckerman, E Lehto - Regional Studies, 2006 - Taylor & Francis
B öckerman P. and L ehto E.(2006) Geography of domestic mergers and acquisitions
(M&As): evidence from matched firm-level data, Regional Studies 40, 847–860. This paper …

Differentiation and cost asymmetry: Solving the merger paradox

JA Gelves - International Journal of the Economics of Business, 2014 - Taylor & Francis
This paper investigates the impact of product differentiation and of cost asymmetry on the
merger paradox using a Cournot framework. It finds that when all firms share the same costs …

Consumer‐benefiting exclusive territories

T Matsumura - … Journal of Economics/Revue canadienne d' …, 2003 - Wiley Online Library
I investigate the effect of exclusive territories, which are typical vertical controls imposed by
upstream firms. Using shipping spatial models, I consider an industry that consists of many …

Entry for merger with flexible manufacturing: Implications for competition policy

R Innes - International Journal of Industrial Organization, 2008 - Elsevier
This paper studies a model of product variety with flexible manufacturers when, contrary to
prior work, atomistic entry occurs prior to horizontal integration. In this model, more lax …

The Missing Links of Mergers & Acquisitions Waves.

HR Ribeiro - IUP Journal of Business Strategy, 2010 - search.ebscohost.com
The research in the Mergers and Acquisitions (M& A) field has been prolific in recent
years. This is unsurprising, as M& A have been increasingly relevant in the scope of …

Bundling and mergers in energy markets

L Granier, M Podesta - Energy Economics, 2010 - Elsevier
Does bundling trigger mergers in energy industries? We observe mergers between firms
belonging to various energy markets, for instance between gas and electricity providers …

Cartel stability in a delivered pricing oligopoly

T Matsumura, N Matsushima - Journal of Economics, 2005 - Springer
Using the spatial price discrimination framework, the relationship between the locations of
firms and their ability to collude is investigated. Gupta and Venkatu (2002) show that in a …