The Impact of Economic Efficiency on Employment: A Case Study of Mergers & Acquisitions

Posted by Social Science Research Network

The Impact of Economic Efficiency on Employment: A Case Study of Mergers & Acquisitions

Anca D. Chirita (Durham University)

 

Abstract:        This paper seeks to challenge the present rhetoric used by competition policy makers and enforcers when advancing economic efficiency as a goal of competition policy. The fixation on the promotion of economic efficiency and intense or fierce competition comes at the expense of other sensible social values, such as job creation. This trend of modern competition policy is based on a

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