Posada, Pedro; Straume, Odd Rune - In: Journal of Economics 83 (2004) 3, pp. 243-265
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 …