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Titlebook: Mergers, Markets and Public Policy; Giuliano Mussati Book 1995 Springer Science+Business Media Dordrecht 1995 Acquisition.Merger and Acqui

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书目名称Mergers, Markets and Public Policy
编辑Giuliano Mussati
视频video
丛书名称Studies in Industrial Organization
图书封面Titlebook: Mergers, Markets and Public Policy;  Giuliano Mussati Book 1995 Springer Science+Business Media Dordrecht 1995 Acquisition.Merger and Acqui
描述GIULIANO MUSSATI Why do mergers occur, which are their effects on social welfare and which is the best economic policy toward them? These three questions have been puzzling industrial economists since the end of the last century when the first great merger wave has come about in the US. They have returned at the centre of the stage of the theoretical and empirical economic research during the last decade when merger and acquisition activity became one of the most evident firms‘ activities in all industrialised countries, being fostered by some general and country specific facts. These facts have been identified in the appearance of new financial instruments facilitating fund raising by firms, in the benevolent behaviour of the authorities in charge of competition policy during the Reagan administration in the US, while inter­ nal market completion has become a strong incentive for European firms to reach a true continental dimension in the UE through external growth. However a robust and univocal answer to these questions has not yet been found in spite of its importance not only from the theoretical point of view, but also from the normative one. In fact the correct identification
出版日期Book 1995
关键词Acquisition; Merger and Acquisition; competition; competition policy; regulation
版次1
doihttps://doi.org/10.1007/978-94-011-0387-9
isbn_softcover978-94-010-4173-7
isbn_ebook978-94-011-0387-9Series ISSN 0924-4646
issn_series 0924-4646
copyrightSpringer Science+Business Media Dordrecht 1995
The information of publication is updating

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Mergers: Theory and Evidence,trial landscape, and have been so for a century. When the leading cigarette manufacturer, Philip Morris, acquires giants from the food industry like Kraft and General Foods it is front page news, just as the assemblage of cigarette companies by James B. Duke was a century ago. Although the introduct
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Merger Activity and Antitrust Policy in the United States,mbers and amounts of assets involved in mergers each year is almost overwhelming; almost no large firms approach the end of the decade without having merged at least once or sold a division acquired in an earlier period. This restructuring, partly due to pressures to become more efficient, and partl
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