Do substantial horizontal mergers generate significant price effects? Evidence from the banking industry
Article Abstract:
Bank mergers have been hypothesized to either produce more attractive prices to bank customers stemming from improved efficiencies or make prices less attractive due to reduced competition. By comparing separate markets where the two hypothetical conditions are observable, it was found that prices of interest rates tend to favor customers of merged banks more than those from non-merged banks. Thus, improved efficiencies have a bigger impact on bank prices rather than heightened capacities to dictate market developments.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 1998
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On the interaction between vertical and horizontal product differentiation: an application to banking
Article Abstract:
The conditions for providing remote access by banks are examined. Remote access enables depositors to process transactions in other branches and avoid queues during office hours. The impact of introducing remote access on banking competition is studied. The influence of the strength of competition between banks on deciding to introduce remote access and multi-dimensional banking competition are also investigated.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 1996
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Softening competition by inducing switching in credit markets
Article Abstract:
The induction of borrowers to change lenders by commercial banks in competitive environments is discussed.
Publication Name: Journal of Industrial Economics
Subject: Economics
ISSN: 0022-1821
Year: 2004
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