Should Profit Margins Play a More Decisive Role in Merger Control? — A Rejoinder to Jorge Padilla

Tommaso Valletti; Hans Zenger

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Should Profit Margins Play a More Decisive Role in Merger Control? — A Rejoinder to Jorge Padilla

机译：利润率是否应该在兼并控制中起决定性作用？ —豪尔赫·帕迪拉的重逢

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1. According to empirical research, recent times have seen a significant increase in firms' profit margins. 2. Higher profit margins are a reflection of increased pricing power. 3. Prospective mergers are more likely to cause competition concerns the higher firms' pricing power is to begin with.

机译：1.根据经验研究，最近几年公司的利润率显着提高。 2.更高的利润率反映了定价能力的提高。 3.有意进行的合并更有可能引起竞争，这首先要考虑的是更高的公司的定价能力。

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来源
《Journal of European Competition Law & Practice》 |2018年第5期|336-342|共7页
作者
Tommaso Valletti; Hans Zenger;
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作者单位

Economics at Imperial College London;

Economics at Imperial College London;

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正文语种 eng
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1. Should Profit Margins Play a More Decisive Role in Horizontal Merger Control? [J] . Jorge Padilla Journal of European Competition Law & Practice . 2018,第4期

机译：利润率是否应在水平兼并控制中起决定性作用？
2. Should Profit Margins Play a More Decisive Role in Horizontal Merger Control? - A Reply to Valletti and Zenger [J] . Jorge Padilla Journal of European Competition Law & Practice . 2018,第6期

机译：利润率是否应在水平兼并控制中起决定性作用？ -对Valletti和Zenger的回复
3. Prime For Profits: Cost control will play an even bigger role in your 2010 margins [J] . PAT HILL Progressive Farmer . 2010,第1期

机译：利润第一：成本控制将在2010年的利润中发挥更大的作用
4. The Roles of Margin Adjustment on Controlling Futures Market Risk and the Reform of Margin System——Empirical Analysis from Dalian Commodity Exchange [C] . Jaafar M.H.Elmirghani, Simon H.Milner, Robert A.Cryan 2006年中国国际金融年会 . 2006

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Should Profit Margins Play a More Decisive Role in Merger Control? — A Rejoinder to Jorge Padilla

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