Cross-border mergers in a mixed oligopoly

Heywood, John and Mcginty, Matthew (2011) Cross-border mergers in a mixed oligopoly. Economic Modelling, 28 (1-2). pp. 382-389. ISSN 0264-9993

Full text not available from this repository.

Abstract

This paper identifies the unique strategic issues of cross-border mergers in a mixed oligopoly showing that the presence of a welfare maximizing public firm increases the incentive for such mergers. The well-known merger paradox that two-firm mergers are rarely profitable is substantially relaxed in the cases of both linear and convex production costs. The ability to identify profitable two-firm mergers in this context takes on added importance as the recent cross-border merger wave often involved industries with public firms.

Item Type: Journal Article
Journal or Publication Title: Economic Modelling
Uncontrolled Keywords: /dk/atira/pure/subjectarea/asjc/2000/2002
Subjects:
Departments: Lancaster University Management School > Economics
ID Code: 64909
Deposited By: ep_importer_pure
Deposited On: 05 Jun 2013 09:30
Refereed?: Yes
Published?: Published
Last Modified: 01 Jan 2020 08:30
URI: https://eprints.lancs.ac.uk/id/eprint/64909

Actions (login required)

View Item View Item