competition in differentiated products. If unions are plant-specific, we find that a merger is more profitable than in a …We examine how a merger affects wages of unionized labour and, in turn, the profitability of a merger under Cournot … part in a merger than to be an outsider. For firm-specific unions, on the other hand, results are reversed. …

implications that the overall international regulatory regime will have for cross-border and/or domestic merger activity. In … particular, do non-coordinated policies stimulate cross-border mergers that are overall inefficient, and is this then an argument …-coordinated regulatory policies may induce cross-border mergers (by allowing the firms in question to play national regulators out against …

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 …

implications that the overall international regulatory regime will have for cross-border and/or domestic merger activity. In … particular, do non-coordinated policies stimulate cross-border mergers that are overall inefficient, and is this then an argument …-coordinated regulatory policies may induce cross-border mergers (by allowing the firms in question to play national regulators out against …