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Lefouili, Yassine
and Madio, Leonardo
(2025)
Mergers and Investments: Where Do We Stand?
TSE Working Paper, n. 25-1617, Toulouse
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Official URL : http://tse-fr.eu/pub/130332
Abstract
In this paper, we review recent studies on the impact of mergers on investments. First, we examine how mergers among competing incumbents influence firms' incentives to develop new products and undertake cost-reducing or quality-enhancing investments. Second, we analyze how an incumbent's acquisition of an innovative entrant affects the investment incentives of both parties. Third, we discuss the effects of vertical mergers on the investment decisions of both upstream and downstream firms. Finally, we outline a few directions for future research.
| Item Type: | Monograph (Working Paper) |
|---|---|
| Language: | English |
| Date: | February 2025 |
| Place of Publication: | Toulouse |
| Uncontrolled Keywords: | Competition, Investments, Innovation, Mergers, Entry |
| JEL Classification: | D43 - Oligopoly and Other Forms of Market Imperfection L13 - Oligopoly and Other Imperfect Markets L40 - General |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Institution: | Université Toulouse Capitole |
| Site: | UT1 |
| Date Deposited: | 10 Feb 2025 11:03 |
| Last Modified: | 10 Feb 2025 11:03 |
| OAI Identifier: | oai:tse-fr.eu:130332 |
| URI: | https://publications.ut-capitole.fr/id/eprint/50415 |
