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Strategic trade policy and merger profitability

Huck, Steffen; Konrad, Kai A. - 2003

We study the profitability incentives of merger and the endogenous industry structure in a strategic trade policy environment. Merger changes the strategic trade policy equlilibrium. We show that merger can be profitable and welfare enhancing here, even though it would not be profitable in a...

Persistent link: https://www.econbiz.de/10001771983

Profitable horizontal mergers without cost advantages : the role of internal organization, information, and market structure

Huck, Steffen - 2001

and welfare-improving even if costs are linear. The driving force behind these results, which help to reconcile theory …

Persistent link: https://www.econbiz.de/10014460971