We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the … welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger … results in higher wages, highest for the non-merging firms. Using a model of endogenous merger formation, we find that the …

We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under both … Cournot and Bertrand competition.If unions are plant-specific, we find that a merger is more profitable than in a …

We analyse how the presence of trade unions affects the pattern of mergers in an international oligopoly and the … welfare implications thereof. We find that an international merger results in lower wages for all firms. A national merger … results in higher wages, highest for the non-merging firms. Using a model of endogenous merger formation, we find that the …

orientation. Individuals who are rivalistic in an allocation task indeed bid more aggressively in a laboratory oligopoly market …

evaluation is also justified in a Cournot-oligopoly with free but costly entry. If input markets are competitive and output per … firm declines with the number of firms (business stealing), there is excessive entry into such oligopoly. If trade unions …

We study upstream horizontal mergers and their potential efficiency gains. We show that an upstream horizontal merger … and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger’s potential …

interaction between firms in a general equilibrium setting). In terms of economic importance, the dominant merger wave variable is … a positive global-all effect, indicating that M&A waves are an economy-wide, global phenomenon. Country-specific merger …