Competition and corporate control in partial ownership acquisitions

被引：7
|
作者：
Stühmeier T. [1 ]
机构：
[1] Universität Münster, Center for Applied Research in Economics Münster, Am Stadtgraben 9, Münster
来源：
Journal of Industry, Competition and Trade | 2016年 / 16卷 / 3期
关键词：
Corporate control; Merger; Partial acquisition;
D O I：
10.1007/s10842-016-0218-z
中图分类号：
学科分类号：
摘要：
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. © Springer Science+Business Media New York 2016.
引用
收藏
页码：297 / 308
页数：11
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