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Mergers and market share

Cambridge University Press eBooksPublished 3 April 1986
Dennis C. Mueller
Citations146

Abstract

The previous chapter indicates that mergers may not have much of an impact on the profitability of the two merging companies other than through the averaging effect of combining companies with different profit rates. These results, in turn, are consistent with those that find mergers do not have much of a positive effect on either corporate efficiency or market power.

Keywords

Economics, Econometrics and FinanceBusiness, Management and Accounting