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Mergers

In: Competition Policy, Profitability and Growth

Author

Listed:
  • D. P. O’Brien

    (University of Durham)

  • W. S. Howe

    (Dundee College of Technology)

  • D. M. Wright

    (University of Nottingham)

  • R. J. O’Brien

    (University of Southampton)

Abstract

In the previous study1 it became clear that mergers frequently occurred in industries which had been affected by competition policy. Indeed, the overwhelming impression left by the Case Studies was that they were often resorted to by industries deprived of price agreements. But it was not possible to draw firm conclusions about this because the mergers which were observed occurred during a period of historically high merger activity.2 It therefore seemed desirable, in our present study, to test whether the industries affected by competition policy were in fact more merger-prone than other industries.

Suggested Citation

  • D. P. O’Brien & W. S. Howe & D. M. Wright & R. J. O’Brien, 1979. "Mergers," Palgrave Macmillan Books, in: Competition Policy, Profitability and Growth, chapter 6, pages 69-101, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-04483-2_6
    DOI: 10.1007/978-1-349-04483-2_6
    as

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