away from effort duplication are a consequence of oligopolistic competition, so that the owners of these firms have extra … incentives toward merger to eliminate competition altogether. …

mergers difficult. Mergers that should occur in equilibrium do not, since they require an unequal split of surplus. …

mergers difficult. Mergers that should occur in equilibrium do not, since they require an unequal split of surplus. …

the insiders' dilemma, i.e. profitable mergers do not occur. This strategy may thus be more profitable for a buyer than …

Theoretically, cross ownership may mitigate mergers, i.e. market concentrations. Holding a share in a competing firm …

mergers difficult. Mergers that should occur in equilibrium do not, since they require an unequal split of surplus.   …

an anthitrust authority present to approve mergers, and there is sufficient alignment of interests between the antitrust …

This essay is a status report on the development of a new approach to analysis of mergers. This approach replaces … market-share- based presemptions with simulations of the effects of mergers within the context of tractable oligopoly models …

This paper proposes an approach for prediction 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 …

competition authorities to back up merger decisions. …