Chalkley, Martin and Stewart, Geoff
International trade and the incentive for merger , Dundee, UK University of Dundee 10pp.
(Dundee Discussion Papers in Economics, 175).
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This paper examines the proftability of horizontal merger in an open economy. We fnd that duopoly is a necessary, but not sufficient, condition for domestic merger to be proftable. A cross-border merger, however, can be profitable from any market structure.
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