Predation and Mergers: Is Merger Law Counterproductive?
- Publisher: The Research Institute of Industrial Economics (IUI) Stockholm
- Subject: Merger law | Wettbewerbsrecht | Failing Firm Defence; Merger Law; Mergers; Predation | L41 | Predation | Fusionskontrolle | K21 | L12 | Mergers | Failing firm defense | Fusion | Verdrängungswettbewerb | Oligopol | Mergers; Predation; Merger law; Failing firm defense | Theorie
- ddc: ddc:330jel: jel:K21 | jel:L41 | jel:L12
This Paper shows that predation might help firms overcome the free riding problem of mergers by changing the acquisition situation in the buyer's favour relative to the firms outside the merger. It is also shown that the bidding competition for the prey's assets is most... View more