Competition and corporate control in partial ownership acquisitions

Torben Stühmeier (Universität Münster, Center for Applied Research in Economics Münster (CAWM))

Competition authorities have a growing interest in assessing the effects of partial ownership arrangements. We show that the effects of such agreements on competition and welfare depend on the intensity of competition in the market and on the firms' governance structure. When assessing the effects of partial ownership, competition policy has to consider both the financial interest and level of control of the acquiring firm in the target firm.

MoreLess

Year of publication:	[2016]
Authors:	Stühmeier, Torben
Publisher:	[Münster] : [CAWM]
Subject:	Corporate control \| merger \| partial acquisition \| Übernahme \| Takeover \| Corporate Governance \| Corporate governance \| Eigentümerstruktur \| Ownership structure \| Kapitalbeteiligung \| Equity participation \| Fusion \| Merger \| Unternehmenskonzentration \| Market concentration \| Wettbewerbspolitik \| Competition policy

freely available

Full text |

More access options

www.wiwi.uni-muenster.de

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (circa 17 Seiten)
Series:	CAWM discussion paper. - Münster : [Verlag nicht ermittelbar], ZDB-ID 2635671-5. - Vol. [85]
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/128492 [Handle]
Classification:	L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L13 - Oligopoly and Other Imperfect Markets ; L41 - Monopolization; Horizontal Anticompetitive Practices
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10011422847