To Acquire, or To Compete? An Entry Dilemma

Tarola, Ornella;Jaskold Gabszewicz, Jean;Laussel, Didier
(2011) Journal of Industry, Competition and Trade : from theory to policy — Vol. 11, n° 4, p. 369-383 (2011)

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Authors
  • Tarola, Ornella
    Author
  • Jaskold Gabszewicz, JeanUCLouvain
    Author
  • Laussel, Didier
    Author
Abstract
In this paper we address the following question: is it more profitable, for an entrant in a differentiated market, to acquire an existing firm than to compete? We illustrate the answer by considering competition in the banking sector. © 2010 Springer Science+Business Media, LLC.
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Tarola, O., Jaskold Gabszewicz, J., & Laussel, D. (2011). To Acquire, or To Compete? An Entry Dilemma. Journal of Industry, Competition and Trade : from theory to policy, 11(4), 369-383. https://doi.org/10.1007/s10842-010-0082-1 (Original work published 2011)