Quotation Gugler, Klaus, Szücs, Florian. 2013. Spillover Effects in Oligopolistic Markets. Verein für Socialpolitik - Jahrestagung, Düsseldorf, Deutschland, 04.09.-07.09.. Invited Talk


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Abstract

We estimate the spillovers on firm profitability and market shares in oligopolistic markets through the transition from an n to an n-1 player oligopoly after a merger in the industry. Competitors are identified via the European Commission s market investigations and our methodology allows us to disentangle the spillover due to the change in market structure from the merger effect. We obtain results consistent with the predictions of standard oligopoly models: non-merging rivals expand their output and increase their profits, while merging firms barely break even. The size of the effect is larger in industries with fewer oligopolists and higher initial profits.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Paper presented at an academic conference or symposium
Language English
Title Spillover Effects in Oligopolistic Markets
Event Verein für Socialpolitik - Jahrestagung
Year 2013
Date 04.09.-07.09.
Country Germany
Location Düsseldorf
Invited Talk Y

Associations

People
Gugler, Klaus (Details)
Szücs, Florian (Details)
Organization
Research Institute for Regulatory Economics FI (Details)
Institute for Quantitative Economics IN (Details)
Research areas (ÖSTAT Classification 'Statistik Austria')
5370 Industrial economics (Details)
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