An Aggregative Games Approach to Merger Analysis in Multiproduct‐Firm Oligopoly.

Using an aggregative games approach, we analyze horizontal mergers in a model of multiproduct‐firm price competition with CES and logit demand, allowing for arbitrary firm and product heterogeneity. We provide conditions under which a merger raises consumer surplus, and establish the dynamic optimal...

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Bibliographic Details

Published in:	RAND Journal of Economics (Wiley-Blackwell) Vol. 56; no. 3; pp. 233 - 251
Main Authors:	Nocke, Volker, Schutz, Nicolas
Format:	Article
Published:	Wiley-Blackwell Fall2025
Subjects:	Game theory Oligopolies Economic competition Mergers & acquisitions Multiproduct firms Herfindahl-Hirschman index Bargaining power Consumers' surplus
Online Access:	View this record in EBSCOhost