Artz, Benjamin; Heywood, John S.; McGinty, Matthew - In: Research in economics : an international review of economics 63 (2009) 1, pp. 1-10
This paper examines the set of surplus maximizing mergers in a model of mixed oligopoly. The presence of a welfare maximizing public firm reduces the set of mergers for which two private firms can profitably merge. When a public firm and private firm merge, the changes in welfare and profit...
