To acquire or to compete ? An entry dilemna

Jean Gabszewicz (), Didier Laussel () and TAROLLA Ornella

No 2008019, Discussion Papers (ECON - Département des Sciences Economiques) from Université catholique de Louvain, Département des Sciences Economiques

Abstract: In this paper we address the following question : is it more profitable, for an entrant in a differentiated market, to acquire an existing firm than to compete ? We illustrate the answer by considering competition in the banking sector

Keywords: vertical differentiation; entry; banking competition (search for similar items in EconPapers)
JEL-codes: G34 L13 L22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec and nep-com
Date: 2008-06-18

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Working Paper: To acquire, or to compete? An entry dilemna (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:ctl:louvec:2008019

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