Merger in Contests
16 Pages Posted: 20 Feb 2001
Date Written: January 2000
Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be profitable. The profitability depends on the post-merger contest structure, the discriminatory power of the contest and on the number of contestants.
Keywords: Contests, merger
JEL Classification: D44, L11, L13
Suggested Citation: Suggested Citation