Big tech mergers
•We identify the acquisition of potential and actual competitors as a pressing issue for merger control in digital industries.•We develop a simple framework to analyze the acquisition of potential competitors.•We sketch a few recent theories of harm of horizontal and conglomerate mergers in digital...
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Published in | Information economics and policy Vol. 54; p. 100868 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Amsterdam
Elsevier B.V
01.03.2021
Elsevier Sequoia S.A |
Subjects | |
Online Access | Get full text |
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Summary: | •We identify the acquisition of potential and actual competitors as a pressing issue for merger control in digital industries.•We develop a simple framework to analyze the acquisition of potential competitors.•We sketch a few recent theories of harm of horizontal and conglomerate mergers in digital industries.•We draw some policy recommendations on how to deal with big tech mergers.
Big tech mergers are frequently occurring events. What are the competitive effects of these mergers? With the help of a simple model we identify the acquisition of potential competitors as a pressing issue for merger control in digital industries. We also sketch a few recent theories of harm of horizontal and conglomerate mergers that are potentially relevant in digital industries. Finally, we draw some policy recommendations on how to deal with mergers in such industries. |
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ISSN: | 0167-6245 1873-5975 |
DOI: | 10.1016/j.infoecopol.2020.100868 |