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Consumer theory / Industrial organization / Mergers and acquisitions / Supply and demand / ExxonMobil / Market power / Monopoly / Vertical integration / Oligopoly / Economics / Business / Competition


EVALUATING THE LIKELY COMPETITIVE EFFECTS OF HORIZONTAL AND VERTICAL MERGERS: A NEW APPROACH Kenneth Hendricks* R. Preston McAfee** Michael A. Williams***
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Document Date: 2007-09-05 22:45:53

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City

Benicia / Cournot / Emeryville / Austin / /

Company

Texaco / J. IND. / Exxon / Chevron Corp. / Tosco / Differentiated Products Industries / Mobil / Phillips Petroleum Company / Conoco Inc. / Kaneb Services LLC / Valero L.P. / /

Event

M&A / /

Facility

California refinery / Benicia refinery / University of Texas / California Institute of Technology / Divesting Exxon’s Benicia refinery / Exxon’s Benicia refinery / /

IndustryTerm

retail gasoline prices / high transportation costs / final product / retail price / retail / retail gasoline stations / retail gasoline / /

NaturalFeature

Gulf of Mexico / West Coast / /

Organization

California Institute of Technology / Federal Trade Commission / California Air Resources Board / University of Texas / /

Person

Kenneth Hendricks / Margaret Meyer / Jean Tirole / Gregory J. Werden / Oliver Hart / Nancy Powell / Luke M. Froeb / Steven Salop / Barry Pulliam / Michael A. Williams / Garth Saloner / Keith Leffler / R. Preston McAfee / Joseph J. Simons / /

Position

Attorney / Director / ERS Group / Professor of Business Economics and Management / analyst / producer / /

ProvinceOrState

Texas / Southern California / California / /

Region

Southern California / Gulf of Mexico / West Coast / /

URL

http /

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