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Regulating the Market for Corporate Control Some UK Evidence

Regulating the Market for Corporate Control Some UK Evidence This paper presents an analysis of UK merger policy based upon the allocative effects of Monopoly and Mergers Commission MMC decisions. For some time now evidence has been available concerning the ineffectiveness of MMC decisions in reducing product market concentration see Simpson and Shaw 1986, 1989. So, if the reduction of market concentration is not a systematic result of decisions of the MMC, it is interesting to ask what have been the discernible effects of the MMC's activities and what revised objectives might be formulated for that body http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Managerial Finance Emerald Publishing

Regulating the Market for Corporate Control Some UK Evidence

Managerial Finance , Volume 17 (6): 11 – Jun 1, 1991

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0307-4358
DOI
10.1108/eb013688
Publisher site
See Article on Publisher Site

Abstract

This paper presents an analysis of UK merger policy based upon the allocative effects of Monopoly and Mergers Commission MMC decisions. For some time now evidence has been available concerning the ineffectiveness of MMC decisions in reducing product market concentration see Simpson and Shaw 1986, 1989. So, if the reduction of market concentration is not a systematic result of decisions of the MMC, it is interesting to ask what have been the discernible effects of the MMC's activities and what revised objectives might be formulated for that body

Journal

Managerial FinanceEmerald Publishing

Published: Jun 1, 1991

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