Upstream Competition and Downstream Buyer Power.
It is often claimed that large buyers wield buyer power. Existing theories of this effect generally assume upstream monopoly. Yet the evidence is strongest with upstream competition. We show that upstream competition can yield buyer power for large buyers by generating supplier-level volume uncer...
Main Authors: | Smith, H, Thanassoulis, J |
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Format: | Working paper |
Language: | English |
Published: |
Department of Economics (University of Oxford)
2009
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