International trade and the incentive for merger

Martin Chalkley, Geoff Stewart

    Research output: Working paperDiscussion paper

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    Abstract

    This paper examines the profitability of horizontal merger in an open economy. We find that duopoly is a necessary, but not sufficient,condition for domestic merger to be profitable. A cross-border merger, however,can be profitable from any market structure.
    Original languageEnglish
    PublisherUniversity of Dundee
    Publication statusPublished - 2004

    Publication series

    NameDundee Discussion Papers in Economics
    PublisherUniversity of Dundee
    No.175
    ISSN (Print)1473-236X

    Keywords

    • Merger
    • International trade
    • Oligopoly

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