Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars - Wissenschaftszentrum Berlin für Sozialforschung (WZB) - 2002
competition with differentiated products. Input suppliers can be interpreted as ordinary upstream firms, or trade unions … organising workers. If the input suppliers are plant-specific, we find that a merger is more profitable than in a corresponding … part in a merger than being an outsider. For firm-specific input suppliers, on the other hand, results are reversed. We …