@techreport{publications26215,
          volume = {18-946},
           month = {August},
          author = {Joao Correia da silva and Bruno Jullien and Yassine Lefouili and Joana Pinho},
          series = {TSE Working Paper},
       booktitle = {TSE Working Paper},
            type = {Working Paper},
         address = {Toulouse},
           title = {Horizontal mergers between multi-sided platforms: insights from Cournot competition},
       publisher = {TSE Working Paper},
            year = {2018},
     institution = {Universit{\'e} Toulouse 1 Capitole},
        keywords = {Mergers, Multi-Sided Platforms, Cournot Competition},
             url = {https://publications.ut-capitole.fr/id/eprint/26215/},
        abstract = {This paper discusses the literature on horizontal mergers between multi-sided platforms and argues that the Cournot model can provide useful insights into the welfare effects of such mergers. To illustrate those insights, we develop a simple model in which two-sided platforms offer a homogeneous service and compete {\`a} la Cournot, and derive the effects of "average-marginal-cost-preserving" mergers on consumers on both sides of the market. We conclude with a discussion of several research avenues that could be explored to understand better the impact of horizontal mergers between multi-sided platforms.}
}