Quantifying the Coordinated Effects of Partial Horizontal Acquisitions
Autor(a) principal: | |
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Data de Publicação: | 2013 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/21185 |
Resumo: | The growth of private-equity investment strategies in which rms often hold partial ownership interests in competing rms has led competition agencies to take an increased interest in as- sessing the competitive e¤ects of partial horizontal acquisitions. We propose a methodology to evaluate the coordinated e¤ects of such acquisitions on di¤erentiated products industries. The acquisitions may be direct and indirect, and may or not correspond to control. The method- ology, that nests full mergers, evaluates the impact on the range of discount factors for which coordination can be sustained. We provide an empirical application to several acquisitions in the wet shaving industry. |
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Quantifying the Coordinated Effects of Partial Horizontal AcquisitionsAntitrustCoordinated EfectsPartial AcquisitionsOligopolyDiferenti-ated ProductsDemand EstimationThe growth of private-equity investment strategies in which rms often hold partial ownership interests in competing rms has led competition agencies to take an increased interest in as- sessing the competitive e¤ects of partial horizontal acquisitions. We propose a methodology to evaluate the coordinated e¤ects of such acquisitions on di¤erentiated products industries. The acquisitions may be direct and indirect, and may or not correspond to control. The method- ology, that nests full mergers, evaluates the impact on the range of discount factors for which coordination can be sustained. We provide an empirical application to several acquisitions in the wet shaving industry.Veritati - Repositório Institucional da Universidade Católica PortuguesaBrito, DuarteRibeiro, RicardoVasconcelos, Helder2016-12-23T16:59:11Z20132013-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.14/21185engBRITO, Duarte; RIBEIRO, Ricardo; VASCONCELOS, Helder - Quantifying the Coordinated Effects of Partial Horizontal Acquisitions. SSRN working paper series. 2013. Available at: (June 19, 2013). Available at SSRN:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2282126info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-09-19T01:40:21Zoai:repositorio.ucp.pt:10400.14/21185Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:16:51.224016Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions |
title |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions |
spellingShingle |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions Brito, Duarte Antitrust Coordinated Efects Partial Acquisitions Oligopoly Diferenti-ated Products Demand Estimation |
title_short |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions |
title_full |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions |
title_fullStr |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions |
title_full_unstemmed |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions |
title_sort |
Quantifying the Coordinated Effects of Partial Horizontal Acquisitions |
author |
Brito, Duarte |
author_facet |
Brito, Duarte Ribeiro, Ricardo Vasconcelos, Helder |
author_role |
author |
author2 |
Ribeiro, Ricardo Vasconcelos, Helder |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Veritati - Repositório Institucional da Universidade Católica Portuguesa |
dc.contributor.author.fl_str_mv |
Brito, Duarte Ribeiro, Ricardo Vasconcelos, Helder |
dc.subject.por.fl_str_mv |
Antitrust Coordinated Efects Partial Acquisitions Oligopoly Diferenti-ated Products Demand Estimation |
topic |
Antitrust Coordinated Efects Partial Acquisitions Oligopoly Diferenti-ated Products Demand Estimation |
description |
The growth of private-equity investment strategies in which rms often hold partial ownership interests in competing rms has led competition agencies to take an increased interest in as- sessing the competitive e¤ects of partial horizontal acquisitions. We propose a methodology to evaluate the coordinated e¤ects of such acquisitions on di¤erentiated products industries. The acquisitions may be direct and indirect, and may or not correspond to control. The method- ology, that nests full mergers, evaluates the impact on the range of discount factors for which coordination can be sustained. We provide an empirical application to several acquisitions in the wet shaving industry. |
publishDate |
2013 |
dc.date.none.fl_str_mv |
2013 2013-01-01T00:00:00Z 2016-12-23T16:59:11Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.14/21185 |
url |
http://hdl.handle.net/10400.14/21185 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
BRITO, Duarte; RIBEIRO, Ricardo; VASCONCELOS, Helder - Quantifying the Coordinated Effects of Partial Horizontal Acquisitions. SSRN working paper series. 2013. Available at: (June 19, 2013). Available at SSRN:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2282126 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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