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.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...