Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2002
apply our model to endogenous merger formation in an international oligopoly, and show that the equilibrium market structure …We examine how a downstream merger affects input prices and, in turn, the profitability of such a merger under Cournot … organising workers. If the input suppliers are plant-specific, we find that a merger is more profitable than in a corresponding …