Upward pricing pressure in mergers of capacity‐constrained firms.
Merging firms regularly argue that mergers involving capacity‐constrained firms are unlikely to be anticompetitive, because a capacity‐constrained firm does not represent a meaningful competitive constraint on its rivals. We construct a modified notion of upward pricing pressure called ccGUPPI, or c...
| Publicado en: | Economic Inquiry Vol. 59; no. 4; pp. 1723 - 1748 |
|---|---|
| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Oct2021
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |