Lommerud, K.E.; Straume, O.R.; Sorgard, L. - Institutt for Økonomi, Universitetet i Bergen - 2000
We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both … Cournot and Bertrand competition. If unions are plant-specific, we find that a merger is more profitable than in a … part in a merger than being an outsider. For firm-specific unions, on the orther hand, results are reversed. …