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Dynamic efficiencies in merger analysis

May 2008

OECD

"The roundtable focused on the recurring synergies that mergers sometimes create. These synergies, or “efficiencies,” can have very potent beneficial effects but are devilishly difficult to identify and measure. The difficulty arises mainly because dynamic efficiencies occur over time and can be abstract in nature. They therefore do not lend themselves to the “snapshot” analysis that is used to assess static efficiencies"

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