Do Vertical Mergers Facilitate Upstream Collusion?

Do Vertical Mergers Facilitate Upstream Collusion?

We investigate the impact of vertical mergers on upstream firms' ability to collude when selling to downstream firms in a repeated game. We show that vertical mergers give rise to an outlets effect: the deviation profits of cheating unintegrated firms are reduced as these firms can no longer pr...

書目詳細資料
Main Authors:	Nocke, V, White, L
格式:	Journal article
語言:	English
出版:	American Economic Association 2007

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