RT Monograph
SR 00
A1 Correia da silva, Joao
A1 Jullien, Bruno
A1 Lefouili, Yassine
A1 Pinho, Joana
T1 Horizontal mergers between multi-sided platforms: insights from Cournot competition
YR 2018
FD 2018-08
VO 18-946
SP 25
K1 Mergers
K1 Multi-Sided Platforms
K1 Cournot Competition
AB 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 à 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.
T2 TSE Working Paper
PB TSE Working Paper
PP Toulouse
AV Published
LK https://publications.ut-capitole.fr/id/eprint/26215/
UL http://tse-fr.eu/pub/32901