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@article{ Stewart2010, title = {International trade and the incentive for merger}, author = {Stewart, Geoff and Chalkley, Martin}, journal = {Applied Economics}, pages = {9}, year = {2010}, doi = {https://doi.org/10.1080/00036840903527171}, urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-242908}, abstract = {This paper examines the profitability of horizontal merger in an open economy with Cournot competition. 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.}, }