研討日期	2016年8月27日上午12:00~ 13:10
研討地點	台大社會科學院710討論室
主講題目	Passive partial ownership, sneaky takeovers, and merger control
作者	Dragan Jovanovic and Christian Wey
文獻出處	Economics Letters 125 (2014) 32–35
主講人	林晏如
參加人員	林晏如、張博涵、曹古駒、劉乙人、林燕淑、ByeongHwa Choi、呂得成、王光正、丁虹仁、高國峯、詹銘葦
摘要	We analyze the impact of passive partial ownership (PPO) on horizontal mergers. We show that antitrust authorities ignoring the effects of previous PPO acquisitions invite sneaky takeovers: a PPO is strategically used prior to a full takeover to get a merger approved which is in fact detrimental to consumers.