Abstract

https://ssrn.com/abstract=2214908
 


 



Measuring Unilateral Effects in Partial Horizontal Acquisitions


Duarte Brito


New University of Lisbon

Ricardo Ribeiro


Universidade Católica Portuguesa, Católica Porto Business School

Helder Vasconcelos


Universidade do Porto - Faculdade de Economia (FEP)

January 7, 2014

International Journal of Industrial Organization, Vol. 33, 2014

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 horizontal acquisitions. The acquisitions may be direct or indirect, and may or may not correspond to control. The proposed methodology simulates the effects on prices, market shares, firm profits and consumer welfare. It can deal with differentiated product industries and nest full mergers as a special case. We provide an empirical application to several acquisitions in the wet shaving industry.

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 ; Last revised: October 30, 2016

Suggested Citation

Brito, Duarte and Ribeiro, Ricardo and Vasconcelos, Helder, Measuring Unilateral Effects in Partial Horizontal Acquisitions (January 7, 2014). International Journal of Industrial Organization, Vol. 33, 2014. Available at SSRN: https://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)
Universidade Católica Portuguesa, Católica Porto Business School ( email )
Rua Diogo Botelho, 1327
Porto, 4169-005
Portugal
+351-22619-6200 (Phone)
+351-22619-6291 (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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