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Profitable horizontal mergers without cost advantages : the role of internal organization, information, and market structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2001
Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The...
Persistent link: https://www.econbiz.de/10011398061
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Profitable horizontal mergers without cost advantages : the role of internal organization, information, and market structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2001
Persistent link: https://www.econbiz.de/10001595913
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Profitable horizontal mergers wiothout cost advantages : the role of internal organization, information and market structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - In: Economica 71 (2004), pp. 575-587
Persistent link: https://www.econbiz.de/10002431652
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Profitable horizontal mergers without cost advantages : the role of internal organization, information, and market structure
Huck, Steffen - 2001
Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The...
Persistent link: https://www.econbiz.de/10014460971
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Profitable Horizontal Mergers Without Cost Advantages : The Role of Internal Organization, Information and Market Structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2004
Merged firms are typically rather complex organizations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The...
Persistent link: https://www.econbiz.de/10014068698
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Profitable Horizontal Mergers Without Cost Advantages : The Role of Internal Organization, Information, and Market Structure
Huck, Steffen; Konrad, Kai A.; Müller, Wieland - 2021
Merged firms are typically rather complex organisations. Accordingly, merger has a more profound effect on the structure of a market than simply reducing the number of competitors. We show that this may render horizontal mergers profitable and welfare-improving even if costs are linear. The...
Persistent link: https://www.econbiz.de/10013321145