Sie befinden Sich nicht im Netzwerk der Universität Paderborn. Der Zugriff auf elektronische Ressourcen ist gegebenenfalls nur via VPN oder Shibboleth (DFN-AAI) möglich. mehr Informationen...
Coordinated Effects in the 2010 Horizontal Merger Guidelines
Ist Teil von
Review of industrial organization, 2011-08, Vol.39 (1/2), p.39-56
Ort / Verlag
Boston: Springer
Erscheinungsjahr
2011
Quelle
PAIS Index
Beschreibungen/Notizen
Recent research has highlighted the quantitative contribution to merger analysis from extending unilateral effects models to understand the payoffs to future potential coordinated effects. Some of the emphasis of this research appears to have made its way into the 2010 Horizontal Merger Guidelines. In this paper, we demonstrate the quantification of coordinated effects in an oligopoly and procurement model, and we show that screens that are based on upward pricing pressure are not adequate in mergers where coordinated effects are a potential concern.