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We set up a three-firm model of spatial competition to analyse how a merger affects the incentives for relocation, and … conversely, how the possibility of relocation affects the profitability of the merger, particularly for the non … the case of partial collusion. For the case of mill pricing, a merger will generally induce the merger participants to …
Persistent link: https://www.econbiz.de/10009003091
We set up a three-firm model of spatial competition to analyse how a merger affects the incentives for relocation, and … conversely, how the possibility of relocation affects the profitability of the merger, particularly for the non …, we find that a merger will generally induce the merger participants to relocate, but the direction of relocation is …
Persistent link: https://www.econbiz.de/10010987652
We set up a three-firm model of spatial competition to analyse how a merger affects the incentives for relocation, and … conversely, how the possibility of relocation affects the profitability of the merger, particularly for the non … the case of partial collusion. For the case of mill pricing, a merger will generally induce the merger participants to …
Persistent link: https://www.econbiz.de/10005398540
We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under … unions organising workers. If the input suppliers are plant-specific, we find that a merger is more profitable than in a … take part in a merger than being an outsider. For firm-specific input suppliers, on the other hand, results are reversed …
Persistent link: https://www.econbiz.de/10011409994
Persistent link: https://www.econbiz.de/10010416864
merger by either reducing or increasing both price and quality. Welfare implications are not clear-cut and mergers might …
Persistent link: https://www.econbiz.de/10011283834
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