In their article entitled “Cross-Market Hospital Mergers: A Holistic Approach,” Greg Vistnes and Yianis Sarafidis analyze the question of whether cross-market hospital mergers can reduce competition and, if so, certain circumstances that may make that more likely. To read the article, click the link below.
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...