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- Mergers Between Asymmetric Firms: Profitability And Welfare

Author

Listed:
  • Ramón Faulí-Oller

    (Universidad de Alicante)

Abstract

Using only information on the degree of concavity of demand and observable structural variables as the market share of firms, a necessary and sufficient condition for a merger to increase welfare is derived. On the profitability side, we obtain that when market size decreases merger profitability increases.

Suggested Citation

  • Ramón Faulí-Oller, 1998. "- Mergers Between Asymmetric Firms: Profitability And Welfare," Working Papers. Serie AD 1998-13, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    • Handle: RePEc:ivi:wpasad:1998-13
    as

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    File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-1998-13.pdf
    File Function: Fisrt version / Primera version, 1998
    Download Restriction: no
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    Keywords

    mergers; antitrust;

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