- MERGERS BETWEEN ASYMMETRIC FIRMS: PROFITABILITY AND WELFARE

Ramón Faulí-Oller ()
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Ramón Faulí-Oller: Universidad de Alicante

Working Papers. Serie AD from Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie)

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.

Keywords: mergers; antitrust (search for similar items in EconPapers)
Pages: 20 pages
Date: 1998-01
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Persistent link: https://EconPapers.repec.org/RePEc:ivi:wpasad:1998-13

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