Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars - Institutt for Økonomi, Universitetet i Bergen - 2003
We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the … equilibrium market structure, if it exists, always implies one or more international mergers. Unless products are close … substitutes there are more mergers than socially preferred. …