The competitive effects of mergers between asymmetric firms
نویسندگان
چکیده
منابع مشابه
The Competitive Effects of Mergers Between Asymmetric Firms
The 1992 Horizontal Merger Guidelines suggest that the merger of two relatively weak competitors may result in a strong competitor and may lead to lower prices, despite the resulting increase in concentration. This paper introduces incomplete information into a simple model of repeated competition among firms that are asymmetric in their likely degree of efficiency at each stage of competition....
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ژورنال
عنوان ژورنال: International Journal of Industrial Organization
سال: 2004
ISSN: 0167-7187
DOI: 10.1016/j.ijindorg.2003.11.002