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information and competence of households, in combination with stiffer competition among firms, will also increase the power of …
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No abstract.
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This report studies the importance of efficiency gains from horizontal mergers. A general theme throughout this report is that efficiency gains, and their pass-on to consumers, may vary substantially from merger to merger. For this reason it seems appropriate to reconsider current practice in...
Persistent link: https://www.econbiz.de/10005670113
Markets with imperfect competition do not induce a cost-minimizing allocation of production between firms. The market …
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competition. They are necessairy both selective and superficial. Multinationals are conspicuous by their absence, and the reader …
Persistent link: https://www.econbiz.de/10005780372