Analysis of Merger Control in a Network Products Market
Author
Abstract
Suggested Citation
DOI: 10.1111/manc.12277
Download full text from publisher
Other versions of this item:
- Tsuyoshi Toshimitsu, 2017. "Analysis of Merger Control in A Network Products Market," Discussion Paper Series 169, School of Economics, Kwansei Gakuin University, revised Nov 2017.
References listed on IDEAS
- Ken Heyer, 2006. "Welfare Standards and Merger Analysis: Why Not the Best?," CPI Journal, Competition Policy International, vol. 2.
- Farrell, Joseph & Shapiro, Carl, 1990.
"Horizontal Mergers: An Equilibrium Analysis,"
American Economic Review, American Economic Association, vol. 80(1), pages 107-126, March.
- Farrell, J. & Shapiro, C., 1988. "Horizontal Mergers: An Equilibrium Analysis," Papers 17, Princeton, Woodrow Wilson School - Discussion Paper.
- Farrell, Joseph & Shapiro, Carl, 1988. "Horizontal Mergers: An Equilibrium Analysis," Department of Economics, Working Paper Series qt0tp305nx, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Joseph Farrell and Carl Shapiro., 1988. "Horizontal Mergers: An Equilibrium Analysis," Economics Working Papers 8880, University of California at Berkeley.
- Joseph Farrell and Carl Shapiro., 2000.
"Scale Economies and Synergies in Horizontal Merger Analysis,"
Economics Working Papers
E00-291, University of California at Berkeley.
- Joseph Farrell & Carl Shapiro, 2001. "Scale Economies and Synergies in Horizontal Merger Analysis," Industrial Organization 0012002, University Library of Munich, Germany, revised 05 Jan 2001.
- Farrell, Joseph & Shapiro, Carl, 2000. "Scale Economies and Synergies in Horizontal Merger Analysis," Competition Policy Center, Working Paper Series qt8v1500b8, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Farrell, Joseph & Shapiro, Carl, 2000. "Scale Economies and Synergies in Horizontal Merger Analysis," Department of Economics, Working Paper Series qt96z174x1, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Volker Nocke & Michael D. Whinston, 2010.
"Dynamic Merger Review,"
Journal of Political Economy, University of Chicago Press, vol. 118(6), pages 1201-1251.
- Volker Nocke & Michael D. Whinston, 2008. "Dynamic Merger Review," NBER Working Papers 14526, National Bureau of Economic Research, Inc.
- Whinston, Michael D. & Nocke, Volker, 2008. "Dynamic Merger Review," CEPR Discussion Papers 7077, C.E.P.R. Discussion Papers.
- Neven, Damien J. & Roller, Lars-Hendrik, 2005.
"Consumer surplus vs. welfare standard in a political economy model of merger control,"
International Journal of Industrial Organization, Elsevier, vol. 23(9-10), pages 829-848, December.
- Damien J. NEVEN & Lars-Hendrik RÖLLER, 2000. "Consumer Surplus vs. Welfare Standard in a Political Economy Model of Merger Control," Cahiers de Recherches Economiques du Département d'économie 00.24, Université de Lausanne, Faculté des HEC, Département d’économie.
- Damien J. Neven & Lars-Hendrik Röller, 2000. "Consumer Surplus vs. Welfare Standard in a Political Economy Model of Merger Control," CIG Working Papers FS IV 00-15, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Neven, Damien & Röller, Lars-Hendrik, 2000. "Consumer Surplus vs. Welfare Standard in a Political Economy Model of Merger Control," CEPR Discussion Papers 2620, C.E.P.R. Discussion Papers.
- Stephen W. Salant & Sheldon Switzer & Robert J. Reynolds, 1983. "Losses From Horizontal Merger: The Effects of an Exogenous Change in Industry Structure on Cournot-Nash Equilibrium," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 98(2), pages 185-199.
- di Giovanni, Julian, 2005.
"What drives capital flows? The case of cross-border M&A activity and financial deepening,"
Journal of International Economics, Elsevier, vol. 65(1), pages 127-149, January.
- di Giovanni, Julian, 2002. "What Drives Capital Flows? The Case of Cross-Border M&A Activity and Financial Deepening," Center for International and Development Economics Research, Working Paper Series qt7nq6d7wp, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Julian di Giovanni & Contact: iber@haas.berkeley.edu, 2003. "What Drives Capital Flows? The Case of Cross-Border M&A Activity and Financial Deepening," International Trade 0303002, University Library of Munich, Germany.
- Brueckner, Jan K. & Spiller, Pablo T., 1991. "Competition and mergers in airline networks," International Journal of Industrial Organization, Elsevier, vol. 9(3), pages 323-342, September.
- Breinlich, Holger & Nocke, Volker & Schutz, Nicolas, 2017. "International aspects of merger policy: A survey," International Journal of Industrial Organization, Elsevier, vol. 50(C), pages 415-429.
- Gugler, Klaus & Szücs, Florian, 2016.
"Merger externalities in oligopolistic markets,"
International Journal of Industrial Organization, Elsevier, vol. 47(C), pages 230-254.
- Klaus Gugler & Florian Szücs, 2013. "Merger Externalities in Oligopolistic Markets," Discussion Papers of DIW Berlin 1321, DIW Berlin, German Institute for Economic Research.
- Perry, Martin K & Porter, Robert H, 1985. "Oligopoly and the Incentive for Horizontal Merger," American Economic Review, American Economic Association, vol. 75(1), pages 219-227, March.
- Joseph Farrell & Michael Katz, 2006.
"The Economics of Welfare Standards in Antitrust,"
CPI Journal, Competition Policy International, vol. 2.
- Farrell, Joseph & Katz, Michael L, 2006. "The Economics of Welfare Standards in Antitrust," Competition Policy Center, Working Paper Series qt1tw2d426, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Economides, Nicholas, 1996.
"Network externalities, complementarities, and invitations to enter,"
European Journal of Political Economy, Elsevier, vol. 12(2), pages 211-233, September.
- Nicholas Economides, 1997. "Network Externalities, Complementarities, and Invitations to Enter," Industrial Organization 9701004, University Library of Munich, Germany.
- Economides, Nicholas & White, Lawrence J., 1994. "Networks and compatibility: Implications for antitrust," European Economic Review, Elsevier, vol. 38(3-4), pages 651-662, April.
- Encaoua, David & Moreaux, Michel & Perrot, Anne, 1996.
"Compatibility and competition in airlines demand side network effects,"
International Journal of Industrial Organization, Elsevier, vol. 14(6), pages 701-726, October.
- Encacoua, D. & Moreaux, M. & Perrot, A., 1995. "Compatibility and Competition in Airlines: Demand Side Network Effect," Papiers d'Economie Mathématique et Applications 95.21, Université Panthéon-Sorbonne (Paris 1).
- Katz, Michael L & Shapiro, Carl, 1985. "Network Externalities, Competition, and Compatibility," American Economic Review, American Economic Association, vol. 75(3), pages 424-440, June.
- Hackner, Jonas, 2000.
"A Note on Price and Quantity Competition in Differentiated Oligopolies,"
Journal of Economic Theory, Elsevier, vol. 93(2), pages 233-239, August.
- Häckner, Jonas, 1999. "A Note on Price and Quantity Competition in Differentiated Oligopolies," Research Papers in Economics 1999:9, Stockholm University, Department of Economics.
- Volker Nocke & Michael D. Whinston, 2013. "Merger Policy with Merger Choice," American Economic Review, American Economic Association, vol. 103(2), pages 1006-1033, April.
- Kenneth Heyer, 2006. "Welfare Standards and Merger Analysis: Why not the Best?," EAG Discussions Papers 200608, Department of Justice, Antitrust Division.
- Bilotkach, Volodymyr & Hüschelrath, Kai, 2012. "Airline alliances and antitrust policy: The role of efficiencies," Journal of Air Transport Management, Elsevier, vol. 21(C), pages 76-84.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- DongJoon Lee & Kangsik Choi & Tatsuhiko Nariu, 2020. "Endogenous vertical structure with network externalities," Manchester School, University of Manchester, vol. 88(6), pages 827-846, December.
- 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.
- Lei Bao & Wenshi Yu, 2022. "Efficiency-Enhancing Horizontal Mergers in Spatial Competition with Network Externalities," Mathematics, MDPI, vol. 10(18), pages 1-13, September.
- Yi-Shan Lu & Chien-Shu Tsai & Jen-Yao Lee & Chung-Yang Lee, 2024. "Collusive Stability with Relative Performance and Network Externalities," Games, MDPI, vol. 15(3), pages 1-7, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jovanovic, Dragan & Wey, Christian, 2012. "An equilibrium analysis of efficiency gains from mergers," DICE Discussion Papers 64, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Tsuyoshi Toshimitsu, 2017. "Merger Paradox in a Network Product Market: A Horizontally Differentiated Three-Firm Model," Discussion Paper Series 167, School of Economics, Kwansei Gakuin University, revised Sep 2017.
- Eileen Fumagalli & Tore Nilssen, 2019. "Sweetening the Pill: a Theory of Waiting to Merge," Journal of Industry, Competition and Trade, Springer, vol. 19(3), pages 351-388, September.
- Ralph Siebert, 2017. "Heterogeneous Merger Impacts on Competitive Outcomes," CESifo Working Paper Series 6607, CESifo.
- Kaplow, Louis & Shapiro, Carl, 2007.
"Antitrust,"
Handbook of Law and Economics, in: A. Mitchell Polinsky & Steven Shavell (ed.), Handbook of Law and Economics, edition 1, volume 2, chapter 15, pages 1073-1225,
Elsevier.
- Louis Kaplow & Carl Shapiro, 2007. "Antitrust," NBER Working Papers 12867, National Bureau of Economic Research, Inc.
- Kaplow, Louis & Shapiro, Carl, 2007. "Antitrust," Competition Policy Center, Working Paper Series qt9pt7p9bm, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
- Onur A. Koska, 2019. "A consumer-surplus standard in foreign acquisitions, foreign direct investment, and welfare," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(1), pages 149-179, February.
- Mason, Robin & Weeds, Helen, 2013.
"Merger policy, entry, and entrepreneurship,"
European Economic Review, Elsevier, vol. 57(C), pages 23-38.
- Mason, Robin & Weeds, Helen, 2007. "Merger Policy, Entry, and Entrepreneurship," Economics Discussion Papers 3061, University of Essex, Department of Economics.
- Thomas Giebe & Miyu Lee, 2020.
"Competitors in merger control: Shall they be merely heard or also listened to?,"
European Journal of Law and Economics, Springer, vol. 49(3), pages 431-453, June.
- Thomas Giebe & Miyu Lee, 2015. "Competitors In Merger Control: Shall They Be Merely Heard Or Also Listened To?," SFB 649 Discussion Papers SFB649DP2015-011, Sonderforschungsbereich 649, Humboldt University, Berlin, Germany.
- Giebe, Thomas & Lee, Miyu, 2019. "Competitors In Merger Control: Shall They Be Merely Heard Or Also Listened To?," MPRA Paper 62428, University Library of Munich, Germany.
- Jovanovic, Dragan & Wey, Christian, 2014.
"Passive partial ownership, sneaky takeovers, and merger control,"
Economics Letters, Elsevier, vol. 125(1), pages 32-35.
- Jovanovic, Dragan & Wey, Christian, 2013. "Passive partial ownership, sneaky takeover, and merger control," DICE Discussion Papers 102, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Andrei Medvedev, 2004.
"Structural remedies in merger regulation in a Cournot framework,"
CERGE-EI Working Papers
wp229, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
- Medvedev, A., 2004. "Structural Remedies in Merger Regulation in a Cournot Framework," Discussion Paper 2004-006, Tilburg University, Tilburg Law and Economic Center.
- Andrei Medvedev, 2007. "Structural Remedies in Merger Regulation in a Cournot Framework," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2007-16, Centre for Competition Policy, University of East Anglia, Norwich, UK..
- Andrei Medvedev, 2007. "Structural Remedies in Merger Regulation in a Cournot Framework," Working Papers 07-16, Centre for Competition Policy, University of East Anglia.
- Motta, Massimo & Tarantino, Emanuele, 2021.
"The effect of horizontal mergers, when firms compete in prices and investments,"
International Journal of Industrial Organization, Elsevier, vol. 78(C).
- Massimo Motta & Emanuele Tarantino, 2017. "The effect of horizontal mergers, when firms compete in prices and investments," Economics Working Papers 1579, Department of Economics and Business, Universitat Pompeu Fabra.
- Massimo Motta & Emanuele Tarantino, 2017. "The Effect of Horizontal Mergers, when Firms Compete in Prices and Investments," Working Papers 987, Barcelona School of Economics.
- Motta, Massimo & Tarantino, Emanuele, 2017. "The effect of horizontal mergers, when firms compete in prices and investments," Working Papers 17-01, University of Mannheim, Department of Economics.
- Massimo Motta & Emanuele Tarantino, 2018. "The Effect of Horizontal Mergers, When Firms compete in Prices and Investments," CRC TR 224 Discussion Paper Series crctr224_2018_056, University of Bonn and University of Mannheim, Germany.
- Ghosh, Arghya & Morita, Hodaka & Wang, Chengsi, 2014.
"Horizontal mergers in the presence of vertical relationships,"
MPRA Paper
60275, University Library of Munich, Germany.
- Ghosh, Arghya & Morita, Hodaka & Wang, Chengsi, 2014. "Horizontal mergers in the presence of vertical relationships," Working Papers 14-27, University of Mannheim, Department of Economics.
- Oliver Budzinski & Jürgen-Peter Kretschmer, 2009.
"Horizontal Mergers, Involuntary Unemployment, and Welfare,"
Working Papers
90/09, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
- Oliver Budzinski & Jürgen-Peter Kretschmer, 2009. "Horizontal Mergers, Involuntary Unemployment, and Welfare," MAGKS Papers on Economics 200907, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Le Pape, Nicolas & Zhao, Kai, 2014.
"Horizontal mergers and uncertainty,"
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 8, pages 1-31.
- Le Pape, Nicolas & Zhao, Kai, 2013. "Horizontal mergers and uncertainty," Economics Discussion Papers 2013-62, Kiel Institute for the World Economy (IfW Kiel).
- Nicolas Le Pape & Kai Zhao, 2014. "Horizontal Mergers and Uncertainty," Post-Print halshs-01016702, HAL.
- Yannis Katsoulacos & Eleni Metsiou & David Ulph, 2016. "Optimal Substantive Standards for Competition Authorities," Journal of Industry, Competition and Trade, Springer, vol. 16(3), pages 273-295, September.
- Giebe, Thomas & Lee, Miyu, 2015. "Competitors in merger control: Shall they be merely heard or also listened to?," SFB 649 Discussion Papers 2015-011, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
- 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.
- Mariana Cunha & Hélder Vasconcelos, 2018. "Sequential Mergers and Antitrust Authority’s Decisions in Stackelberg Markets," Journal of Industry, Competition and Trade, Springer, vol. 18(3), pages 373-394, September.
- Joao Correia‐da‐Silva & Bruno Jullien & Yassine Lefouili & Joana Pinho, 2019.
"Horizontal mergers between multisided platforms: Insights from Cournot competition,"
Journal of Economics & Management Strategy, Wiley Blackwell, vol. 28(1), pages 109-124, January.
- Correia da silva, Joao & Jullien, Bruno & Lefouili, Yassine & Pinho, Joana, 2018. "Horizontal Mergers Between Multi-Sided Platforms: Insights from Cournot Competition," TSE Working Papers 18-946, Toulouse School of Economics (TSE).
- Joao Correia-Da-Silva & Bruno Jullien & Yassine Lefouili & Joana Pinho, 2019. "Horizontal mergers between multisided platforms: Insights from Cournot competition," Post-Print hal-03828320, HAL.
- Duarte Brito & Margarida Catalão‐Lopes, 2019. "Are Larger Merger Synergies Bad News for Consumers? Endogenous Post‐Merger Internal Organization," Scandinavian Journal of Economics, Wiley Blackwell, vol. 121(4), pages 1728-1756, October.
More about this item
JEL classification:
- D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
- K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
- L12 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Monopoly; Monopolization Strategies
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
- L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:manchs:v:87:y:2019:i:5:p:678-693. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/semanuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.