You can work out the columns that are only in one DataFrame and use this to select a subset of columns in the merge.
cols_to_use = df2.columns.difference(df.columns)
Then perform the merge (note this is an index object but it has a handy tolist()
method).
dfNew = merge(df, df2[cols_to_use], left_index=True, right_index=True, how='outer')
This will avoid any columns clashing in the merge.