CAN A JOINT VENTURE LESSEN COMPETITION MORE THAN A MERGER

被引:12
作者
NYE, W
机构
[1] U.S. Department of Justice, Washington, DC
关键词
D O I
10.1016/0165-1765(92)90148-R
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a Cournot framework, a joint venture involving cross ownership may reduce output more than a merger if the cross ownership shares exceed 50%. This paper discusses the recent Renault/Volvo joint venture in heavy truck production as a possible example of such a joint venture.
引用
收藏
页码:487 / 489
页数:3
相关论文
共 3 条
[1]  
Bresnahan Timothy, 1986, INT J IND ORGAN, V4, P155
[2]  
FARRELL J, 1990, AM ECON REV, V80, P107
[3]  
Reynolds R. J., 1986, INT J IND ORGAN, V4, P141, DOI [10.1016/0167-7187(86)90027-5, DOI 10.1016/0167-7187(86)90027-5]