[go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/p/por/fepwps/289.html
   My bibliography  Save this paper

A comment on efficiency gains and myopic antitrust authority in a dynamic merger game

Author

Listed:
  • Pedro Cosme da Costa Vieira

    (Faculdade de Economia, Universidade do Porto)

Abstract
This paper relaxes the Motta & Vasconcelos’ (2005) short-term assumption that firms’ capital is fixed. We demonstrate that, contrary to the conclusion of that article, in the best interest of consumers, even when firms have large economies of scale, long-term forward-looking Antitrust Authorities must block firms’ merger plans whenever profits of firms are positive.

Suggested Citation

  • Pedro Cosme da Costa Vieira, 2008. "A comment on efficiency gains and myopic antitrust authority in a dynamic merger game," FEP Working Papers 289, Universidade do Porto, Faculdade de Economia do Porto.
  • Handle: RePEc:por:fepwps:289
    as

    Download full text from publisher

    File URL: http://www.fep.up.pt/investigacao/workingpapers/08.09.05_WP289.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Antitrust policy; Economies of scale;

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:por:fepwps:289. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/fepuppt.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.