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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9536 |
DP9536 Quantifying the Coordinated Effects of Partial Horizontal Acquisitions | |
Helder Vasconcelos; Ricardo Ribeiro | |
发表日期 | 2013-07-07 |
出版年 | 2013 |
语种 | 英语 |
摘要 | The growth of private-equity investment strategies in which firms often hold partial ownership interests in competing firms has led competition agencies to take an increased interest in assessing the competitive effects of partial horizontal acquisitions. We propose a methodology to evaluate the coordinated effects of such acquisitions in differentiated products industries. The acquisitions may be direct and indirect, and may or not correspond to control. The methodology, that nests full mergers, evaluates the impact on the range of discount factors for which coordination can be sustained. We provide an empirical application to several acquisitions in the wet shaving industry. |
主题 | Industrial Organization |
关键词 | Antitrust Coordinated effects Demand estimation Differentiated products Oligopoly Partial acquisitions |
URL | https://cepr.org/publications/dp9536 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538372 |
推荐引用方式 GB/T 7714 | Helder Vasconcelos,Ricardo Ribeiro. DP9536 Quantifying the Coordinated Effects of Partial Horizontal Acquisitions. 2013. |
条目包含的文件 | 条目无相关文件。 |
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