Mergers under endogenous minimum quality standard: a note

Berardino Cesi ()

Economics Bulletin, 2010, vol. 30, issue 4, 3260-3266

Abstract: We introduce merging strategies and endogenous MQS, borrowed from Ecchia and Lambertini (1997), in Scarpa (1998). MQS induces the low-quality firm to exit the market and leads to a monopoly arising from the bilateral merger of the high-quality firms

Keywords: Mergers; Minimum quality standard; Quality differentiation. (search for similar items in EconPapers)
JEL-codes: L0 L5 (search for similar items in EconPapers)
Date: 2010-12-05
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Citations: View citations in EconPapers (2)

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Working Paper: Mergers under endogenous minimum quality standard: a note (2009)
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