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Competition and mergers among nonprofits

Prüfer,J.
Abstract
Should mergers among nonprofit organizations be assessed differently than mergers among for-profit firms? A recent debate in law and economics, boosted by apparently one-sided court decisions, has produced the result that promoting competition is socially valuable regardless of the particular objectives of producers. In this paper, I challenge the general validity of this result by showing that it may indeed depend on the particular objectives of producers whether a merger between two nonprofits is welfare-decreasing or -increasing. This implies that it is impossible to assess the net effects of a merger between two nonprofits without examining the objectives of the owners involved.
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Appeared earlier as CentER DP 2007-82
Date
2011
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Tilburg University Research Output Collection
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Pr_fer_JCLE.pdf
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Prüfer, J 2011, 'Competition and mergers among nonprofits', Journal of Competition Law and Economics, vol. 7, no. 1, pp. 69-92. https://doi.org/10.1093/joclec/nhq015
URI
https://hdl.handle.net/20.500.14602/53534
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