Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/121388 
Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
SFB/TR 15 Discussion Paper No. 519
Verlag: 
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY), München
Zusammenfassung: 
In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is too tough or too lenient from the viewpoint of the foreign country. Calibrating the model to match industry-level data in the U.S. and Canada, we show that at present levels of trade costs merger policy is too tough in the vast majority of sectors. We also quantify the resulting externalities and study the impact of different regimes of coordinating merger policies at varying levels of trade costs.
Schlagwörter: 
Mergers and Acquisitions
Merger Policy
Trade Policy
Oligopoly
International Trade
JEL: 
F12
F13
L13
L44
Dokumentart: 
Working Paper

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