This paper proposes an approach for predicting the pattern of mergers when different mergers are feasible. It … that in concentrated markets, mergers are conductive to market structures with large industry profits, and thus points to a … conflict between private and social incentives. It is shown how mergers may be undertaken in order to preempt other possible …

This paper proposes an approach for predicting the pattern of mergers when different mergers are feasible. It … that in concentrated markets, mergers are conductive to market structures with large industry profits, and thus points to a … conflict between private and social incentives. It is shown how mergers may be undertaken in order to preempt other possible …

This paper studies the interaction between the incentives for predation and mergers. I show that the incentive for …-riding problem associated with mergers, and second, destructive predation helps firms avoid the bidding competition. It is also shown … stronger, since it allows mergers bu limits the bidding competition. …

This paper studies the interaction between the incentives for predation and mergers. I show that the incentive for …-riding problem associated with mergers, and second, destructive predation helps firms avoid the bidding competition. It is also shown … stronger, since it allows mergers bu limits the bidding competition. …

This Paper shows that predation might help firms overcome the free riding problem of mergers by changing the … under the US failing firm defence might be strong, since it allows mergers but limits the bidding competition. …

sold at an auction. The model suggests that low greenfield costs and low trade costs induce foreign acquisitions. The …

counterproductive, by preventing welfare-enhancing foreign acquisitions. …