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: 1851992 Perry, M. K., Porter, R. H.. Ologopoly and the incentives for horizontal merger. American Economic Review , 1985, (75): 2192273 Stephen Polasky, Charles F. Mason. On the welfare effects of mergers: short run vs. Long run. The Quarterly Review of Economics and Finance, 1998, 38(1) :1244 陳宏民. 開放經(jīng)濟(jì)環(huán)境下企業(yè)兼并引起的利益沖突. 上海交通大學(xué)學(xué)報, 1998, 32(3) :4855Study On Differentiated Products Firms Merger ModelHua Bing Chen Hong Min(Institute of System Engineering, Shanghai Jiao Tong University, Shanghai 200030)Abstract Under the Capacity Constrained Output Competition model, this paper studies the motives of merger among differentiated products firms. We have found When there is no st