Working Paper
Merger in Contests
Steffen Huck, Kai A. Konrad, Wieland Müller
CESifo, Munich, 2000
CESifo Working Paper No. 241
CESifo, Munich, 2000
CESifo Working Paper No. 241
Competition in some markets is a contest. This paper studies the merger incentives in such markets. Merger can be profitable. The profitability depends on the post-merger contest st ructure, the discriminatory power of the contest and on the number of contestants
Keywords: Contests, merger