Correct. Essentially, what ends up happening is that even an efficient merger is not a guarantee that the merged entity will not exercise its market power in the long term. In fact, both can happen.
On May 10th, 2022. See this statement in context.
On May 10th, 2022. See this statement in context.
Associate Professor of Finance, Schulich School of Business, York University, As an Individual
Correct. Essentially, what ends up happening is that even an efficient merger is not a guarantee that the merged entity will not exercise its market power in the long term. In fact, both can happen.
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