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ARTÍCULO
TITULO

The effects of firm mergers on homogenous goods markets

Juan Pablo Herrera Saavedra    
Dennis Sánchez Navarro    

Resumen

This article models the potential effects of firm mergers on the price of a market for homogenous goods. The analysis is carried out according to two scenarios: a) firms have similar levels of technology at their disposal and b) a degree of heterogeneity is assumed between groups of firms. It is found that even when mechanisms are in place to favor efficiency in product supply, there is a risk that prices will increase.

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