Vertical Integration and Competition Between Networks
نویسندگان
چکیده
منابع مشابه
Vertical Integration and Competition Policy
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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A central debate in industrial policy today is that between proponents of large vertically integrated firms on the one hand and those of networks of small specialized producers on the other. This paper argues that neither institutional structure is the panacea its supporters claim. The menu of institutional alternatives is in fact quite large, and both firms and networks — of which there are se...
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ژورنال
عنوان ژورنال: Review of Network Economics
سال: 2005
ISSN: 1446-9022,2194-5993
DOI: 10.2202/1446-9022.1063