Wealth and Asset Management
Saft-On-Wealth-When it comes to mergers, it is all about market power
For all the talk about efficiencies as the driving logic behind corporate mergers, the real juice comes from increased power to hike prices. A study using new techniques finds that industrial mergers show little evidence of increased efficiency or productivity. What does happen is a lot simpler: bigger markups leading,…
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Click here to read the full story: Daily Mail