Lommerud, Kjell Erik; Straume, Odd Rune; Sørgard, Lars - 2002
. We apply our model to endogenous merger formation in an international oligopoly, and show that the equilibrium market …We examine how a downstream merger affects input prices and, in turn, the profitability of a such a merger under … unions organising workers. If the input suppliers are plant-specific, we find that a merger is more profitable than in a …
