Addressing Competitive Responses to Acquisitions
运用竞争动态理论，分析收购特征如何影响竞争对手报复的风险，并提出降低对手报复意识、动机和能力的策略，帮助管理者提升收购绩效。
Competitive retaliation is a significant constraint to merger and acquisition performance that has largely been overlooked by management research. This article employs competitive dynamics theory to explore how acquisition characteristics impact the risk of competitor retaliation. It then outlines different tactics that acquiring firms can use to reduce competitor awareness, motivation, and capability associated with retaliation. It provides managers with a path to improving acquisition performance and also opens new avenues for research.