Mergers and market power: evidence from rivals' responses in European markets.
We analyze the effects of M&A on the markups of non‐merging rival firms across a broad set of industries. We exploit expert market definitions from the European Commission's merger decisions to identify relevant competitors in narrowly defined product markets and estimate markups as a measure of mar...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 53; no. 4; pp. 678 - 703 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Dec2022
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |