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Correia da silva, Joao, Jullien, Bruno
, Lefouili, Yassine and Pinho, Joana
(2018)
Horizontal mergers between multi-sided platforms: insights from Cournot competition.
TSE Working Paper, n. 18-946, Toulouse
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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 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.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | August 2018 |
| Place of Publication: | Toulouse |
| Uncontrolled Keywords: | Mergers, Multi-Sided Platforms, Cournot Competition |
| JEL Classification: | D43 - Oligopoly and Other Forms of Market Imperfection L41 - Monopolization; Horizontal Anticompetitive Practices |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse 1 Capitole |
| Site: | UT1 |
| Date Deposited: | 05 Sep 2018 07:32 |
| Last Modified: | 17 Jun 2021 08:58 |
| OAI Identifier: | oai:tse-fr.eu:32901 |
| URI: | https://publications.ut-capitole.fr/id/eprint/26215 |
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