Non-Price Effects of Mergers in Healthcare Markets

While much economic research and public discussion of mergers focuses on price impacts, mergers that create market power can also affect product variety, quality, and market innovation. While difficult to quantify, non-price effects of mergers can be important and have a material impact on consumer welfare. In this paper, we summarize recent economic research examining the effect of horizonal and vertical mergers in healthcare markets. In addition, by examining documents from litigations in heal