On 2 March 2022, the Administrative Council for Economic Defense unconditionally cleared Microsoft’s $1bn acquisition of XandR (an online platform for the buying and selling of digital advertising). The deal was also cleared by the Cypriot Commission for the Protection of Competition in March 2022.
How capacity constraints shape unilateral price effects in horizontal mergers
Examples include hospitals with a fixed number of beds, and hotels with a fixed number of rooms. In the article “Unilateral Price Effects in Horizontal...