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...

Olles dieđut

Bibliográfalaš dieđut
Váldodahkkit: Nocke, V, White, L
Materiálatiipa: Journal article
Giella:English
Almmustuhtton: American Economic Association 2007