English, Article, Journal or magazine article edition: Tacit Collusion, Firm Asymmetries and Numbers: Evidence from EC Merger Cases Stephen Davies; Matthew Olczak; Heather Coles

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Bookmark: http://trove.nla.gov.au/version/49206
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Tacit Collusion, Firm Asymmetries and Numbers: Evidence from EC Merger Cases
Author
  • Stephen Davies
  • Matthew Olczak
  • Heather Coles
Physical Description
  • preprint
Notes
  • The purpose of this paper is to identify empirically the implicit structural model, especially the roles of size asymmetries and concentration, used by the European Commission to identify mergers with coordinated effects (i.e. collective dominance). Apart from its obvious policy-relevance, the paper is designed to shed empirical light on the condition under which tacit collusion is most likely. We construct a database relating to 62 candidate mergers and find that, in the eyes of the Commission, tacit collusion in this context virtually never involves more than two firms and requires close symmetry in the market shares of the two firms.
  • Tacit collusion, collective dominance, coordinated effects, European mergers, asymmetries
  • RePEc:ccp:wpaper:wp07-07
Language
  • English
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