Equilibrium analysis of vertical mergers
Vertical mergers are known to potentially create an incentive for the merged firm to raise the price of inputs it supplies to its rivals (raising rivals’ cost...
Dr. De Stefano specializes in industrial organization and applied econometrics.
He has experience with mergers, price-fixing, and foreclosure cases and has worked on matters in the telecommunication, chemical, automobile, health care, and electronics industries, among others. A substantial portion of his consulting work has involved empirical evaluation of the competitive effects of proposed mergers and acquisitions. In this context, he has employed economic and econometric tools to estimate demand, address issues relating to market definition, and explore direct evidence of unilateral effects.