Competition and Corporate Control in Partial Ownership Acquisitions

Torben Stühmeier ()
Additional contact information
Torben Stühmeier: Universität Münster, Center for Applied Research in Economics Münster
Authors registered in the RePEc Author Service: Torben Stuehmeier

Journal of Industry, Competition and Trade, 2016, vol. 16, issue 3, No 2, 297-308

Abstract: Abstract Competition authorities have a growing interest in assessing the effects of partial ownership arrangements. We show that the effects of such agreements on competition and welfare depend on the intensity of competition in the market and on the firms’ governance structure. When assessing the effects of partial ownership, competition policy has to consider both the financial interest and level of control of the acquiring firm in the target firm.

Keywords: Corporate control; Merger; Partial acquisition (search for similar items in EconPapers)
JEL-codes: L11 L13 L41 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10842-016-0218-z Abstract (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Competition and corporate control in partial ownership acquisitions (2016)
Working Paper: Competition and corporate control in partial ownership acquisitions (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:jincot:v:16:y:2016:i:3:d:10.1007_s10842-016-0218-z

Ordering information: This journal article can be ordered from
http://www.springer. ... on/journal/10842/PS2

DOI: 10.1007/s10842-016-0218-z

Access Statistics for this article

Journal of Industry, Competition and Trade is currently edited by Karl Aiginger, Marcel Canoy and Michael Peneder

More articles in Journal of Industry, Competition and Trade from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().