Abstract

http://ssrn.com/abstract=2214908
 
 

References (34)



 
 

Citations (1)



 
 

Footnotes (7)



 


 



Measuring Unilateral Effects in Partial Acquisitions


Duarte Brito


New University of Lisbon

Ricardo Ribeiro


Faculdade de Economia e Gestão, Universidade Católica Portuguesa

Helder Vasconcelos


Universidade do Porto - Faculdade de Economia (FEP)

February 11, 2013


Abstract:     
Recent years have witnessed an increased interest, by competition agencies, in assessing the competitive effects of partial acquisitions. We propose an empirical structural methodology to examine quantitatively the unilateral impact of partial acquisitions involving pure …financial interests and/or effective corporate control on prices, market shares, …firm profi…ts and consumer welfare. The proposed methodology can deal with differentiated products industries, with both direct and indirect partial ownership interests and nests full mergers (100% fi…nancial and control acquisitions) as a special case. We provide an empirical application to several acquisitions in the wet shaving industry.

Number of Pages in PDF File: 45

Keywords: Antitrust, Unilateral Effects, Partial Acquisitions, Oligopoly, Differentiated Products, Demand Estimation

JEL Classification: D12, C54, L13, L41, L66

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Date posted: February 12, 2013  

Suggested Citation

Brito, Duarte and Ribeiro, Ricardo and Vasconcelos, Helder, Measuring Unilateral Effects in Partial Acquisitions (February 11, 2013). Available at SSRN: http://ssrn.com/abstract=2214908 or http://dx.doi.org/10.2139/ssrn.2214908

Contact Information

Duarte Brito
New University of Lisbon ( email )
1099-085 Lisboa, 1099-085
Portugal
Ricardo Ribeiro (Contact Author)
Faculdade de Economia e Gestão, Universidade Católica Portuguesa ( email )
Rua Diogo Botelho, 1327
Porto, 4169-005
Portugal
+35122 619-6200 (Phone)
+35122-619-6291 (Fax)
Helder Vasconcelos
Universidade do Porto - Faculdade de Economia (FEP) ( email )
Rua Dr. Roberto Frias
s/n
4200-464 Porto, 4200-464
Portugal
HOME PAGE: http://www.fep.up.pt/docentes/hvasconcelos
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Abstract Views: 325
Downloads: 49
References:  34
Citations:  1
Footnotes:  7

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