Losses from horizontal merger and collusion
(2024)
Journal Article
Beladi, H., & Mukherjee, A. (2024). Losses from horizontal merger and collusion. Journal of Economics, https://doi.org/10.1007/s00712-024-00857-y
We show that the implications of a merger on collusion sustainability change significantly from the extant literature if merger is not profitable in the punishment subgame where firms play non-cooperative Cournot-Nash game. Merger either does not aff... Read More about Losses from horizontal merger and collusion.