Impact of labour unions on the merger incentive of firms

Hyung Bae

International Economic Journal, 2005, vol. 19, issue 1, 91-94

Abstract: This paper analyses the impact of labour unions on the merger incentives of firms. We find that a horizontal merger takes place if there is some synergy effect. However, a vertical merger takes place only if the synergy effect is bigger than a certain size.

Keywords: Merger (horizontal; vertical); union; Shapley value (search for similar items in EconPapers)
Date: 2005
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DOI: 10.1080/1351161042000320407

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