The Impact of Horizontal Mergers on Competition: A Literature Survey

A large number of studies have been devoted to the effects of horizontal mergers on competition. This survey intends to review some selected studies about the effects of competition on horizontal mergers with a special attention given the horizontal integration. One of the important results obtained from this literature survey is that the findings of many researches have largely been controversial due to the different approaches and the time periods used in their studies. In these studies, even though it has been proved that horizontal mergers have negative effects on competition, it is not possible to make any precise comment on the dimension of this effect.