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Horizontal mergers with free-entry: why cost efficiencies may be a weak defense and asset sales a poor remedy
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Cited by:
- Huck, Steffen & Knoblauch, Vicki & Muller, Wieland, 2003.
"On the profitability of collusion in location games,"
Journal of Urban Economics, Elsevier, vol. 54(3), pages 499-510, November.
- Huck, Steffen & Knoblauch, Vicki & Müller, Wieland, 2000. "On the profitability of collusion in location games," SFB 373 Discussion Papers 2000,23, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Huck, Steffen & Knoblauch, Vicki & Müller, Wieland, 2002. "On the profitability of collusion in location games [Zur Profitabilität von Kollusion in Standortspielen]," Discussion Papers, Research Unit: Market Processes and Governance FS IV 02-22, WZB Berlin Social Science Center.
- Huck, S. & Knoblauch, V. & Müller, W., 2003. "On the profitability of collusion in location games," Other publications TiSEM acfc82a2-59ee-401b-9e40-c, Tilburg University, School of Economics and Management.
- Montag, Felix, 2022. "Mergers, Foreign Entry, and Jobs: Evidence from the U.S. Appliance Industry," CEPREMAP Working Papers (Docweb) 2207, CEPREMAP.
- Ralph M. Braid, 2017. "Efficiency-enhancing horizontal mergers in spatial competition," Papers in Regional Science, Wiley Blackwell, vol. 96(4), pages 881-894, November.
- Duarte Brito & Daniel Magueta, 2014. "Horizontal Mergers, Entry and International Trade," Review of International Economics, Wiley Blackwell, vol. 22(5), pages 923-943, November.
- Lars Sorgard & Andreea Cosnita-Langlais, 2013.
"Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?,"
Post-Print
hal-01668416, HAL.
- Andreea Cosnita-Langlais & Lars Sorgard, 2018. "Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?," Post-Print hal-01549791, HAL.
- Andreea Cosnita-Langlais & Lars Sørgard, 2014. "Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?," EconomiX Working Papers 2014-29, University of Paris Nanterre, EconomiX.
- Andreea Cosnita-Langlais & Lars Sørgard, 2014. "Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?," Working Papers hal-04141333, HAL.
- Andreea Cosnita-Langlais & Lars Sorgard, 2014. "Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?," Post-Print hal-01668440, HAL.
- Cosnita-Langlais, Andreea & Sørgard, Lars, 2014. "Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?," Discussion Paper Series in Economics 7/2014, Norwegian School of Economics, Department of Economics.
- Andreea Cosnita-Langlais & Lars Sorgard, 2014. "Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?," Post-Print hal-01668444, HAL.
- Cosnita-Langlais, Andreea, 2012.
"Horizontal market concentration: Theoretical insights from spatial models,"
Research in Economics, Elsevier, vol. 66(1), pages 22-32.
- Andreea Cosnita-Langlais, 2008. "Horizontal market concentration: Theoretical insights from the spatial models," EconomiX Working Papers 2008-42, University of Paris Nanterre, EconomiX.
- Andreea Cosnita-Langlais, 2008. "Horizontal market concentration: Theoretical insights from the spatial models," Working Papers hal-04140709, HAL.
- Andreea Cosnita-Langlais, 2012. "Horizontal market concentration: Theoretical insights from the spatial models," Post-Print hal-01385809, HAL.
- Jo Seldeslachts & Joseph A. Clougherty & Pedro Pita Barros, 2007.
"Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools,"
CIG Working Papers
SP II 2007-02, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Seldeslachts, Jo & Clougherty, Joseph A. & Barros, Pedro Pita, 2007. "Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 218, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Seldeslachts, Jo & Barros, Pedro & Clougherty, Joseph A., 2007. "Remedy for Now but Prohibit for Tomorrow: The Deterrence Effects of Merger Policy Tools," CEPR Discussion Papers 6437, C.E.P.R. Discussion Papers.
- Huck, Steffen & Konrad, Kai A. & Müller, Wieland, 2001.
"Profitable horizontal mergers without cost advantages: The role of internal organization, information, and market structure,"
Discussion Papers, various Research Units
FS IV 01-05, WZB Berlin Social Science Center.
- Steffen Huck & Kai A. Konrad & Wieland Müller, 2001. "Profitable Horizontal Mergers without Cost Advantages: The Role of Internal Organization, Information, and Market Structure," CESifo Working Paper Series 435, CESifo.
- Huck, S. & Konrad, K.A. & Müller, W., 2004. "Profitable horizontal mergers without cost advantage : The role of intenal organization, information and market structure," Other publications TiSEM 028203f3-7fb8-485a-9701-f, Tilburg University, School of Economics and Management.
- Przemysław Jeziorski, 2023. "Empirical Model of Dynamic Merger Enforcement—Choosing Ownership Caps in U.S. Radio," Management Science, INFORMS, vol. 69(8), pages 4457-4480, August.
- Albert Banal-Estañol & Paul Heidhues & Rainer Nitsche & Jo Seldeslachts, 2006. "Merger Clusters during Economic Booms," CIG Working Papers SP II 2006-17, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Simon Loertscher & Leslie M. Marx, 2021. "Coordinated Effects in Merger Review," Journal of Law and Economics, University of Chicago Press, vol. 64(4), pages 705-744.
- Katja Seim & Michael Sinkinson, 2016. "Mixed pricing in online marketplaces," Quantitative Marketing and Economics (QME), Springer, vol. 14(2), pages 129-155, June.
- Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2011.
"How effective is European merger control?,"
European Economic Review, Elsevier, vol. 55(7), pages 980-1006.
- Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2006. "How Effective is European Merger Control?," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 153, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Tomaso Duso & Klaus Gugler & Burçin Yurtoglu, 2006. "How Effective is European Merger Control?," CIG Working Papers SP II 2006-12, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2011. "How effective is European merger control?," DICE Discussion Papers 15, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Duso, Thomas & Gugler, Klaus & Yurtoglu, Burcin B., 2011. "How Effective is European Merger Control?," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 354, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Nisvan Erkal & Daniel Piccinin, 2006. "Horizontal Mergers with Free Entry in Differentiated Oligopolies," Department of Economics - Working Papers Series 976, The University of Melbourne.
- Cristina Pardo-Garcia & Jose Sempere-Monerris, 2015.
"Equilibrium mergers in a composite good industry with efficiencies,"
SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 6(1), pages 101-127, March.
- PARDO-GARCIA, Christina & SEMPERE-MONERRIS, Jose J., 2013. "Equilibrium mergers in a composite good industry with efficiencies," LIDAM Discussion Papers CORE 2013067, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Cristina PARDO-GARCIA & Jose J. SEMPERE-MONERRIS, 2015. "Equilibrium mergers in a composite good industry with efficiencies," LIDAM Reprints CORE 2787, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- PARDO-GARCIA, Cristina & SEMPERE-MONNERIS, Jose, 2015. "Equilibrium mergers in a composite good industry with efficiencies," LIDAM Reprints CORE 2654, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Ralph B. Siebert, 2019. "Estimating Differential Dynamic Merger Effects on Market Structure and Entry in Related Markets," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 55(3), pages 431-458, November.
- Dertwinkel-Kalt, Markus & Wey, Christian, 2012.
"The effects of remedies on merger activity in oligopoly,"
DICE Discussion Papers
81, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Wey, Christian & Dertwinkel-Kalt, Markus, 2013. "The Effects of Remedies on Merger Activity in Oligopoly," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79888, Verein für Socialpolitik / German Economic Association.
- Andreea Cosnita‐Langlais & Alexander Rasch, 2023.
"Horizontal mergers, cost savings, and network effects,"
Bulletin of Economic Research, Wiley Blackwell, vol. 75(1), pages 65-82, January.
- Andreea Cosnita-Langlais & Alexander Rasch, 2023. "Horizontal mergers, cost savings, and network effects," Post-Print hal-03685881, HAL.
- Jo Seldeslachts & Joseph A. Clougherty & Pedro Pita Barros, 2009. "Settle for Now but Block for Tomorrow: The Deterrence Effects of Merger Policy Tools," Journal of Law and Economics, University of Chicago Press, vol. 52(3), pages 607-634, August.
- Thibaud Vergé, 2010.
"Horizontal Mergers, Structural Remedies, And Consumer Welfare In A Cournot Oligopoly With Assets,"
Journal of Industrial Economics, Wiley Blackwell, vol. 58(4), pages 723-741, December.
- Thibaud VERGE, 2009. "Horizontal Mergers, Structural Remedies and Consumer Welfare in a Cournot Oligopoly with Assets," Working Papers 2009-10, Center for Research in Economics and Statistics.
- Vasconcelos, Helder, 2006. "Endogenous mergers in endogenous sunk cost industries," International Journal of Industrial Organization, Elsevier, vol. 24(2), pages 227-250, March.
- Cosnita-Langlais Andreea & Sørgard Lars, 2018.
"Enforcement and Deterrence in Merger Control: The Case of Merger Remedies,"
Review of Law & Economics, De Gruyter, vol. 14(3), pages 1-22, November.
- Cosnita-Langlais, Andreea & Sørgard, Lars, 2014. "Enforcement vs Deterrence in Merger Control: Can Remedies Lead to Lower Welfare?," Discussion Paper Series in Economics 7/2014, Norwegian School of Economics, Department of Economics.
- Helder Vasconcelos, 2010.
"Efficiency Gains And Structural Remedies In Merger Control,"
Journal of Industrial Economics, Wiley Blackwell, vol. 58(4), pages 742-766, December.
- Vasconcelos, Helder, 2007. "Efficiency Gains and Structural Remedies in Merger Control," CEPR Discussion Papers 6093, C.E.P.R. Discussion Papers.
- Ramón Faulí-Oller & Joel Sandonís, 2007. "Downstream Mergers And Entry," Working Papers. Serie AD 2007-21, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Nisvan Erkal & Daniel Piccinin, 2010.
"Welfare‐Reducing Mergers in Differentiated Oligopolies with Free Entry,"
The Economic Record, The Economic Society of Australia, vol. 86(273), pages 178-184, June.
- Nisvan Erkal & Daniel Piccinin, 2009. "Welfare?Reducing Mergers in Differentiated Oligopolies with Free Entry," Department of Economics - Working Papers Series 1081, The University of Melbourne.
- Luis Gautier & Mahelet G. Fikru, 2024.
"Welfare Impact of New Firm Acquisition,"
Natural Resource Management and Policy, in: Handbook of Merger Control and Environmental Policy, chapter 0, pages 105-132,
Springer.
- Luis Gautier & Mahelet G. Fikru, 2022. "The Welfare Impact of New Firm Acquisitions," Journal of Industry, Competition and Trade, Springer, vol. 22(3), pages 535-559, December.
- Azar, José & Barriola, Xabier, 2022. "Did the MillerCoors joint venture strengthen the craft beer revolution?," International Journal of Industrial Organization, Elsevier, vol. 85(C).
- Kumar, Vikram & Marshall, Robert C. & Marx, Leslie M. & Samkharadze, Lily, 2015. "Buyer resistance for cartel versus merger," International Journal of Industrial Organization, Elsevier, vol. 39(C), pages 71-80.
- Markus Dertwinkel-Kalt & Christian Wey, 2016.
"Merger Remedies in Oligopoly under a Consumer Welfare Standard,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 32(1), pages 150-179.
- Dertwinkel-Kalt, Markus & Wey, Christian, 2015. "Merger remedies in oligopoly under a consumer welfare standard," DICE Discussion Papers 187, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Luis Gautier & Mahelet G. Fikru, 2024.
"The Design of Emission Taxes in Markets with New Firm Acquisitions,"
Natural Resource Management and Policy, in: Handbook of Merger Control and Environmental Policy, chapter 0, pages 225-243,
Springer.
- Luis Gautier & Mahelet G. Fikru, 2024. "The Design of Emission Taxes in Markets with New Firm Acquisitions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(6), pages 1371-1388, June.
- Zhang, Anming & Zhang, Yimin, 2006. "Rivalry between strategic alliances," International Journal of Industrial Organization, Elsevier, vol. 24(2), pages 287-301, March.
- Patrice Bougette & Kai H�schelrath & Kathrin M�ller, 2014.
"Do horizontal mergers induce entry? Evidence from the US airline industry,"
Applied Economics Letters, Taylor & Francis Journals, vol. 21(1), pages 31-34, January.
- Bougette, Patrice & Hüschelrath, Kai & Müller, Kathrin, 2013. "Do horizontal mergers induce entry? Evidence from the US airline industry," ZEW Discussion Papers 13-030, ZEW - Leibniz Centre for European Economic Research.
- Patrice Bougette & Kai Hüschelrath & Kathrin Müller, 2014. "Do Horizontal Mergers Induce Entry? Evidence from the U.S. Airline Industry," Post-Print halshs-00859331, HAL.
- Pulak Mishra, 2018. "Are Mergers and Acquisitions Necessarily Anti-competitive? Empirical Evidence from India’s Manufacturing Sector," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(3), pages 276-307, August.
- Majumdar, Sumit K., 2015.
"Competitor entry impact on jobs and wages in incumbent firms: retrospective evidence from a natural experiment,"
Business and Politics, Cambridge University Press, vol. 17(2), pages 291-326, August.
- Majumdar Sumit K., 2015. "Competitor entry impact on jobs and wages in incumbent firms: retrospective evidence from a natural experiment," Business and Politics, De Gruyter, vol. 17(2), pages 291-326, August.
- John W. Mayo & Mark Whitener, 2021. "The Welfare Effects of Vertical Mergers and their Remedies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 59(2), pages 409-441, September.
- Simon Loertscher & Leslie M. Marx, 2019.
"Mix-and-Match Divestitures and Merger Harm,"
The Japanese Economic Review, Springer, vol. 70(3), pages 346-366, September.
- Simon Loertscher & Leslie M. Marx, 2019. "Mix‐and‐match divestitures and merger harm," The Japanese Economic Review, Japanese Economic Association, vol. 70(3), pages 346-366, September.
- Emilie Dargaud, 2013.
"Horizontal mergers, efficiency gains and remedies,"
European Journal of Law and Economics, Springer, vol. 36(2), pages 349-372, October.
- Emilie Dargaud, 2013. "Horizontal mergers, efficiency gains and remedies," Post-Print halshs-00799512, HAL.
- John S. Heywood & Matthew McGinty, 2008. "Leading and Merging: Convex Costs, Stackelberg, and the Merger Paradox," Southern Economic Journal, John Wiley & Sons, vol. 74(3), pages 879-893, January.
- Tomaso Duso & Klaus Gugler & Burcin Yurtoglu, 2005.
"EU Merger Remedies: A Preliminary Empirical Assessment,"
CIG Working Papers
SP II 2005-16, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Duso, Tomaso & Gugler, Klaus & Yurtoglu, Burcin B., 2006. "EU Merger Remedies: A Preliminary Empirical Assessment," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 81, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Shekhar, Shiva & Wey, Christian, 2017. "Uncertain merger synergies, passive partial ownership, and merger control," DICE Discussion Papers 260, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Ralph Siebert, 2016. "The Impact of Horizontal Mergers on Market Structure: Evidence from the Semiconductor Industry," CESifo Working Paper Series 5911, CESifo.
- Nisvan Erkal & Lijun Pan, 2022. "Horizontal Merger Analysis with Endogenous Product Range Choice," ISER Discussion Paper 1162, Institute of Social and Economic Research, Osaka University.
- Matthew J. Baker & Pamela M. Schmitt, 2003. "Mergers with Quality Differentiated Products," Departmental Working Papers 3, United States Naval Academy Department of Economics.
- Dertwinkel-Kalt, Markus & Wey, Christian, 2014. "Remedies vs. Extreme Options in Merger Control," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100397, Verein für Socialpolitik / German Economic Association.
- Ralph M. Braid, 2016. "Potential merger-forcing entry reduces maximum spacing between firms in spatial competition," Papers in Regional Science, Wiley Blackwell, vol. 95(3), pages 653-669, August.
- Markus Dertwinkel-Kalt & Christian Wey, 2021.
"Evidence Production in Merger Control: The Role of Remedies,"
Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 59(1), pages 1-12, August.
- Dertwinkel-Kalt, Markus & Wey, Christian, 2016. "Evidence production in merger control: The role of remedies," DICE Discussion Papers 217, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Markus Dertwinkel-Kalt & Christian Wey, 2021. "Evidence Production in Merger Control: The Role of Remedies," CESifo Working Paper Series 8915, CESifo.
- Kai Hüschelrath & Kathrin Müller, 2015.
"Market Power, Efficiencies, and Entry Evidence from an Airline Merger,"
Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 36(4), pages 239-255, June.
- Hüschelrath, Kai & Müller, Kathrin, 2012. "Market power, efficiencies, and entry: Evidence from an airline merger," ZEW Discussion Papers 12-070, ZEW - Leibniz Centre for European Economic Research.
- Davidson, Carl & Mukherjee, Arijit, 2007. "Horizontal mergers with free entry," International Journal of Industrial Organization, Elsevier, vol. 25(1), pages 157-172, February.
- Innes, Robert, 2008. "Entry for merger with flexible manufacturing: Implications for competition policy," International Journal of Industrial Organization, Elsevier, vol. 26(1), pages 266-287, January.
- John S. Heywood & Matthew Mcginty, 2007. "Convex Costs And The Merger Paradox Revisited," Economic Inquiry, Western Economic Association International, vol. 45(2), pages 342-349, April.
- Christian Steiner & Kai Hüschelrath & Jürgen Weigand, 2011. "Merger remedies involving restructuring costs in a Cournot framework," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 38(3), pages 417-434, July.
- Sumit K. Majumdar & Rabih Moussawi & Ulku Yaylacicegi, 2014. "Do Incumbents’ Mergers Influence Entrepreneurial Entry? An Evaluation," Entrepreneurship Theory and Practice, , vol. 38(3), pages 601-633, May.