Economic Analyses of Competitor Collaboration: Theory, Evidence, and Policy Implications. Several industries in Australia (eg. airlines, banking, telecommunications) exhibit some common characteristics: few big firms, with significant market power, selling differentiated products. Given the level of market concentration in these industries, mergers are unlikely to improve welfare. However, is the same true for collaborations on value-creating activities? What decisions, if any, should any two fi ....Economic Analyses of Competitor Collaboration: Theory, Evidence, and Policy Implications. Several industries in Australia (eg. airlines, banking, telecommunications) exhibit some common characteristics: few big firms, with significant market power, selling differentiated products. Given the level of market concentration in these industries, mergers are unlikely to improve welfare. However, is the same true for collaborations on value-creating activities? What decisions, if any, should any two firms be allowed to collaborate on? What are their effects on rival firms and consumers? The project will develop the first unifying framework to address these questions. Our research findings are expected to assist the competition policymakers in comprehensively assessing the welfare impacts of competitor collaborationsRead moreRead less