The expected influence of Russian and foreign mergers on competition in metal industry 1999–2011
AbstractIn the article we analyze the mergers between Russian and foreign companies influence on competition in metal industry. Using the event study approach confirms the statement that Russian metal suppliers have more market power in domestic market than foreign companies in their markets. Thus mergers in Russia may indeed lead to more anticompetitive consequences, negatively influencing social welfare.
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Bibliographic InfoArticle provided by Publishing House "SINERGIA PRESS" in its journal Applied Econometrics.
Volume (Year): 27 (2012)
Issue (Month): 3 ()
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Web page: http://appliedeconometrics.cemi.rssi.ru/
mergers; competition; event study.;
Find related papers by JEL classification:
- G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies
- L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
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