The aim of this paper is to complement the existing literature on horizontal mergers, by setting a Cournot mixed oligopoly model. Specifically, the merger paradox is qualified by proving that a merger could be profitable for the merging firms even if it does not include most market firms....

By employing a simple mixed international oligopoly model in which countries can set discriminatory tariffs, this paper analyzes the effects on the relevant variables of both, privatization and regional integration processes. Particularly, from a theoretical point of view, it is justified the...