The expected influence of Russian and foreign mergers on competition in metal industry 1999–2011

Dina Tsytsulina ()
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Dina Tsytsulina: National Research University Higher School of Economics, Nizhniy Novgorod

Applied Econometrics, 2012, vol. 27, issue 3, pages 70-85

Abstract: In 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.

Keywords: mergers; competition; event study. (search for similar items in EconPapers)
JEL-codes: G14 L40 (search for similar items in EconPapers)
Date: 2012
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Persistent link: http://EconPapers.repec.org/RePEc:ris:apltrx:0178

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