Showing 1 - 10 of 76
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for profitable and acceptable mergers, while divestitures to an entrant firm are most effective in this regard....
Persistent link: https://www.econbiz.de/10010340565
We analyze the effects of structural remedies on merger activity in a Cournot oligopoly when the antitrust agency applies a consumer surplus standard. Remedies increase the scope for pro table and acceptable mergers, while divestitures to an entrant rm are most effective in this regard. Remedial...
Persistent link: https://www.econbiz.de/10009685029
Persistent link: https://www.econbiz.de/10000824029
Persistent link: https://www.econbiz.de/10001532585
In oligopolistic industries, the amount of capital investment is likely to be excessive due to the presence of a business-stealing effect and fixed costs. Similarly, sunset industries with declining demand tend to be riddled with chronic excess capital. The reason is that firms will attempt to...
Persistent link: https://www.econbiz.de/10013039086
Persistent link: https://www.econbiz.de/10012321364
Persistent link: https://www.econbiz.de/10011665445
Persistent link: https://www.econbiz.de/10000658927
Persistent link: https://www.econbiz.de/10002117366
Persistent link: https://www.econbiz.de/10003276095