On the welfare impact of mergers of complements: Raising rivals’ costs versus elimination of double marginalization
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DOI: 10.1016/j.econlet.2020.109429
Abstract: Abstract A common view in antitrust analysis is that mergers of complements can have raising rivals’ costs and elimination of double marginalization effects, with the net effect on consumer welfare thus unclear. We revise this… read more here.
Keywords: raising rivals; double marginalization; rivals costs; elimination double ... See more keywords