Konferenzbeitrag
Endogenous choice of minority shareholdings: Effects on product market competition
Non-controlling minority shareholdings in rivals (NCMS) lower the sustainability of collusion under a wide variety of circumstances. Nevertheless, NCMS are sometimes deemed to facilitate collusion, in particular if the level of NCMS is exogenous. The present paper endogenizes firms' choice of NCMS and answers the question: Would colluding firms find it rational to acquire NCMS in rivals? The study of the acquisition reveals that firms have an incentive to acquire NCMS which are accompanied by a shift from collusive to competitive behaviour.
- Sprache
-
Englisch
- Erschienen in
-
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2019: 30 Jahre Mauerfall - Demokratie und Marktwirtschaft - Session: Industrial Organisation - Theory ; No. B13-V1
- Klassifikation
-
Wirtschaft
Mergers; Acquisitions; Restructuring; Voting; Proxy Contests; Corporate Governance
Antitrust Law
Monopolization; Horizontal Anticompetitive Practices
- Thema
-
Collusion
Coordinated Effects
Minority Shareholdings
Merger Control
Unilateral Effects
- Ereignis
-
Geistige Schöpfung
- (wer)
-
de Haas, Samuel
- Ereignis
-
Veröffentlichung
- (wer)
-
ZBW - Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Kiel, Hamburg
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
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
- Konferenzbeitrag
Beteiligte
- de Haas, Samuel
- ZBW - Leibniz-Informationszentrum Wirtschaft
Entstanden
- 2019
Ähnliche Objekte (12)
Endogenous choice of minority shareholdings: Effects on product market competition
Endogenous choice of minority shareholdings: Effects on product market competition
Endogenous governance transparency and product market competition
Price competition and endogenous product choice in networks: Evidence from the US airline industry
Endogenous Choice Between Horizontal and Vertical Product Differentiation
Horizontal merger analysis with endogenous product range choice
Price responses to market entry with and without endogenous product choice
Endogenous choice of capacity and product innovation in a differential duopoly
Airline schedule competition: product-quality choice in a duopoly model
Minority games, local interactions, and endogenous networks
Product Scope and Endogenous Fluctuations
Platform Competition with Endogenous Multihoming
Endogenous choice of minority shareholdings: Effects on product market competition
Endogenous choice of minority shareholdings: Effects on product market competition
Endogenous governance transparency and product market competition
Price competition and endogenous product choice in networks: Evidence from the US airline industry
Endogenous Choice Between Horizontal and Vertical Product Differentiation
Horizontal merger analysis with endogenous product range choice
Price responses to market entry with and without endogenous product choice
Endogenous choice of capacity and product innovation in a differential duopoly
Airline schedule competition: product-quality choice in a duopoly model
Minority games, local interactions, and endogenous networks
Product Scope and Endogenous Fluctuations
Platform Competition with Endogenous Multihoming
Endogenous choice of minority shareholdings: Effects on product market competition
Endogenous choice of minority shareholdings: Effects on product market competition
Endogenous governance transparency and product market competition
Price competition and endogenous product choice in networks: Evidence from the US airline industry
Endogenous Choice Between Horizontal and Vertical Product Differentiation
Horizontal merger analysis with endogenous product range choice
Price responses to market entry with and without endogenous product choice
Endogenous choice of capacity and product innovation in a differential duopoly
Airline schedule competition: product-quality choice in a duopoly model
Minority games, local interactions, and endogenous networks
Product Scope and Endogenous Fluctuations