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Huck, Steffen; Konrad, Kai A. and Müller, Wieland (January 2000): Merger in Contests. CESifo Working Papers

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Abstract

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

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