?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F49711%2F&rft.title=Data-Driven+Mergers&rft.creator=Corni%C3%A8re%2C+Alexandre+de&rft.creator=Taylor%2C+Greg&rft.subject=B-+ECONOMIE+ET+FINANCE&rft.description=We+study+mergers+between+firms+operating+in+data-connected+markets%3A+the+data+generated+as+a+byproduct+of+the+activity+on+market+A+can+be+used+by+firms+operating+on+market+B.+The+effects+of+such+a+merger+depend+on+whether+data+trade+among+independent+firms+is+possible%2C+and+on+whether+data+use+benefits+consumers+or+leads+to+more+surplus+extraction.+When+data+increases+product+B%E2%80%99s+quality%2C+the+merger+benefits+consumers+on+both+markets+if+data+cannot+be+traded+absent+the+merger%2C+and+harms+them+otherwise.+When+data+is+used+to+extract+consumer+surplus+on+market+B+the+merger+increases+consumer+surplus+on+market+A+and+reduces+it+on+market+B.&rft.publisher=TSE+Working+Paper&rft.date=2024-09&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpublications.ut-capitole.fr%2Fid%2Feprint%2F49711%2F1%2Fwp_tse_1576.pdf&rft.identifier=++Corni%C3%A8re%2C+Alexandre+de+%3Chttps%3A%2F%2Fwww.idref.fr%2F167271318%3E+and+Taylor%2C+Greg++(2024)+Data-Driven+Mergers.++TSE+Working+Paper%2C+n.+24-1576%2C+Toulouse+++++&rft.relation=http%3A%2F%2Ftse-fr.eu%2Fpub%2F129733&rft.language=en