Arbeitspapier
Cross-Border Mergers & Acquisitions Policy in Service Markets
We provide facts showing that in service markets: (i) restrictions on foreign direct investment (FDI) are under reform, (ii) cross-border Mergers & Acquisitions dominate as the entry mode of FDI, and (iii) there is often a high market concentration. Based on these facts, we present a model for analyzing cross-border M&A policy in liberalized service markets taking into account efficiency and market power effects. Our findings suggest that a merger policy, but not a discriminatory policy towards foreigners, seems warranted. Moreover, policies ensuring competition for domestic target firms seem warranted. In this vein, harmonization of the EU takeover regulations may particularly benefit assets owners in countries with many target firms.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 743
- Klassifikation
-
Wirtschaft
Multinational Firms; International Business
Antitrust Law
Oligopoly and Other Imperfect Markets
Microeconomic Analyses of Economic Development
- Thema
-
Services
Mergers and Acquisitions
Investment Liberalization
Foreign Direct Investments
Ownership
Fusion
Übernahme
Multinationales Unternehmen
Dienstleistungssektor
Theorie
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Norbäck, Pehr-Johan
Persson, Lars
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2008
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:23 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Norbäck, Pehr-Johan
- Persson, Lars
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2008
Ähnliche Objekte (12)
Investment Liberalization - Who Benefits from Cross-Border Mergers & Acquisitions?
Cross-Border Acquisitions and Greenfield Entry
Stock market impact of cross-border acquisitions in emerging markets
Investment Liberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive
Investment Lilberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive
Privatization and Restructuring in Concentrated Markets
Privatization as a part of a Liberalization Program in an International Oligopoly
The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists
Privatization Policy in an International Oligopoly
The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists, and Oligopolists
Entrepreneurial Innovations, Competition and Competition Policy
Endogenous Asset Ownership Structures in Deregulated Markets
Investment Liberalization - Who Benefits from Cross-Border Mergers & Acquisitions?
Cross-Border Acquisitions and Greenfield Entry
Stock market impact of cross-border acquisitions in emerging markets
Investment Liberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive
Investment Lilberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive
Privatization and Restructuring in Concentrated Markets
Privatization as a part of a Liberalization Program in an International Oligopoly
The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists
Privatization Policy in an International Oligopoly
The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists, and Oligopolists
Entrepreneurial Innovations, Competition and Competition Policy
Endogenous Asset Ownership Structures in Deregulated Markets
Investment Liberalization - Who Benefits from Cross-Border Mergers & Acquisitions?
Cross-Border Acquisitions and Greenfield Entry
Stock market impact of cross-border acquisitions in emerging markets
Investment Liberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive
Investment Lilberalization - Why a Restrictive Cross-Border Merger Policy can be Counterproductive
Privatization and Restructuring in Concentrated Markets
Privatization as a part of a Liberalization Program in an International Oligopoly
The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists and Oligopolists
Privatization Policy in an International Oligopoly
The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists, and Oligopolists
Entrepreneurial Innovations, Competition and Competition Policy