Downstream Competition, Foreclosure, and Vertical Integration
نویسندگان
چکیده
منابع مشابه
Downstream Competition, Foreclosure, and Vertical Integration
This paper analyzes the effect of competition among downstream rms on an upstream rm’s payoff and on its incentive to integrate vertically when rms in both segments negotiate optimal contracts. We argue that as downstream competition becomes more intense, the upstream rm obtains a larger share of a smaller downstream industry prot. The upstream rm may encourage downstream competition (eve...
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Recently, the European Commission has decided to implement a simplified procedure in the context of vertical integration. If the combined market shares of the merging firms are less than 25 percent, upstream and downstream, the Commission will consider the merger harmless. The purpose of this study is to examine the welfare aspects of vertical integration in a simple model and investigate the a...
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ژورنال
عنوان ژورنال: Journal of Economics <html_ent glyph="@amp;" ascii="&"/> Management Strategy
سال: 2003
ISSN: 1058-6407,1530-9134
DOI: 10.1111/j.1430-9134.2003.00261.x