... to higher levels of inefficiency in the Spanish sector, due to the lack of flexibility of firms to adjust to the environment, and perhaps to aggressive competition with fuzzy rules of the game. Controlling for specific factor like age, intensity of capital, salary by worker, regions and market share...

.... Applies the Stackelberg model to antitrust merger analysis. Anti‐trust Economic theory Market share Mergers and acquisitions Price theory applications such as the antitrust analysis of merger or the assessment of tax incidence begin with a model of market price determination. In oligopoly...