The price effects of cross-market mergers: theory and evidence from the hospital industry
We consider the effect of mergers between firms whose products are not viewed as direct substitutes for the same good or service, but are bundled by a common intermediary. Focusing on hospital mergers across distinct geographic markets, we show that such combinations can reduce competition among mer...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley-Blackwell Publishing, Inc.
2019
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| Online Access: | View Fulltext in Publisher |