Work

Competitive Effects of Partial Ownership: Financial Interest and Corporate Control

Year: 2000

Type: article

Abstract: In this article, we set up an economic framework for analyzing the competitive effects of partial ownership interests. We have three main goals. First, we conceptually derive and explain the competitive effects of partial ownership, explaining its key elements and drawing analogies to the key ideas behind the analysis of horizontal mergers. Second, we present a general framework for evaluating the competitive effects of partial ownership that is analogous to, but at the same time recognizes key differences in the standard analysis for evaluating horizontal mergers. Third, we examine several methods of quantifying these competitive effects.

Source: Scholarship - GEORGETOWN LAW (Georgetown University)

Authors: Steven C. Salop, D. O’Brien

Institution: Georgetown University

Language: English

Topic: Merger and Competition Analysis

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1558031286

FWCI: 4.314

Cites:

Cited by: 273

Related to: 10