Cross ownership and merger under technology adoption

Mukherjee, Arijit

Abstract

Purpose: This paper aims to consider the effects of a merger on technology adoption and welfare in the presence of passive cross ownership. Merger increases investments in process technology and may increase welfare. The results are important for antitrust policies and suggest that the antitrust authorities may not need to be too concerned about mergers in industries with cross ownership. Design/methodology/approach: Game-theoretic analysis. Findings: Merger increases investments in process technology and may increase welfare. Originality/value: To the best of the author’s knowledge, this study is original.

Citation

Mukherjee, A. (2024). Cross ownership and merger under technology adoption. Indian Growth and Development Review, 17(2), 224-231. https://doi.org/10.1108/IGDR-10-2023-0162

• Journal Article Type: Article
• Acceptance Date: Feb 13, 2024
• Online Publication Date: Mar 14, 2024
• Publication Date: Mar 14, 2024
• Deposit Date: Feb 15, 2024
• Publicly Available Date: Mar 14, 2024
• Journal: Indian Growth and Development Review
• Print ISSN: 1753-8254
• Publisher: Emerald
• Peer Reviewed: Peer Reviewed
• Volume: 17
• Issue: 2
• Pages: 224-231
• DOI: https://doi.org/10.1108/IGDR-10-2023-0162
• Keywords: Cross ownership; Merger; Technology adoption JEL Classifications: D43; G34; L00; O30
• Public URL: https://nottingham-repository.worktribe.com/output/31447368
• Publisher URL: https://www.emerald.com/insight/content/doi/10.1108/IGDR-10-2023-0162/full/html?skipTracking=true