This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …

Cross-border merger activity is growing in importance. We map the global trade network each year from 1989 to 2016 and … compare it to cross-border and domestic merger activity. Trade-weighted merger activity in trading partner countries has … statistically and economically significant explanatory power for the likelihood a given country will be in a merger wave state, at …

This paper uses an endogenous merger formation approach in a concentrated international oligopoly to examine the … effects of trade liberalization on the nature of merger incentives (national vs. international). The effects of unilateral … liberalization has been accompanied by an increase in international merger activity. Among equilibrium market structures …