Horizontal mergers in the circular city : a note
We investigate the profitability and locational effects of two-firm Cournot mergers in the circular city. As compared with the linear market, we find that mergers turn out to be unprofitable much earlier.
Paper provided by Université Panthéon-Sorbonne (Paris 1) in its series Cahiers de la Maison des Sciences Economiques with number v04014.
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