Anti- versus Pro-Competitive Mergers

Research, Preprint OPEN
Fridolfsson, Sven-Olof;
  • Publisher: Research Institute of Industrial Economics (IFN) Stockholm
  • Subject: Consumers' Welfare | Wirtschaftsmodell | Konsumentenrente | L41 | Anti- and Pro-Competitive Mergers; Consumers' Welfare; Coalition Formation; Endogenous Split of Surplus | L12 | Coalition Formation | L13 | Fusion | Anti- and Pro-Competitive Mergers | Wettbewerbsbeschränkung | Endogenous Split of Surplus
    • ddc: ddc:330
      jel: jel:L41 | jel:L13 | jel:L12

In a framework where mergers are mutually excluding, I show that firms pursue anti- rather than (alternative) pro-competitive mergers. Potential outsiders to anti-competitive mergers refrain from pursuing pro-competitive mergers if the positive externalities from anti-c... View more
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