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. We apply our model to endogenous merger formation in an international oligopoly, and show that the equilibrium market …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 …
Persistent link: https://www.econbiz.de/10013320499
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. We apply our model to endogenous merger formation in an international oligopoly, and show that the equilibrium market …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 …
Persistent link: https://www.econbiz.de/10001678171
Persistent link: https://www.econbiz.de/10013287627
than under a cross-border merger outcome. -- Unionization ; International Oligopoly ; Endogenous Mergers ; Countervailing …We re-examine the common wisdom that cross-border mergers are the most effective merger strategy for firms facing … powerful unions. In contrast, we obtain a domestic merger outcome whenever firms are sufficiently heterogeneous (in terms of …
Persistent link: https://www.econbiz.de/10009725245
This study develops and uses a successive oligopoly model, with an unobservable non-linear tariff between upstream and … downstream firms, to analyze the possible anti-competitive effects of an upstream merger. We find that an upstream merger may … model is tested empirically on data for an upstream merger in the Norwegian food sector (specifically, the market for eggs …
Persistent link: https://www.econbiz.de/10013061108
We study welfare effects of horizontal mergers under a successive oligopoly model and find that downstream mergers can …
Persistent link: https://www.econbiz.de/10011491438
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compatibility and can engage in bundling. We consider the impact of merger on prices, investment and consumer surplus. We also …
Persistent link: https://www.econbiz.de/10012001659