Market Structure and the Competitive Effects of Vertical Integration - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Market Structure and the Competitive Effects of Vertical Integration write by Simon Loertscher. This book was released on 2014. Market Structure and the Competitive Effects of Vertical Integration available in PDF, EPUB and Kindle. We analyze the competitive effects of backward vertical integration when firms exert market power upstream and compete à la Cournot downstream. Contrasting with previous literature, a small degree of vertical integration is always procompetitive because efficiency gains dominate foreclosure effects, and vertical integration even to full foreclosure can be procompetitive. Surprisingly, vertical integration is more likely to be procompetitive if the industry is otherwise more concentrated. Extensions analyze incentives to integrate and differentiated Bertrand competition downstream. Our analysis suggests that antitrust authorities should be wary of vertical integration when the integrating firm faces many competitors and should be permissive otherwise.
The Competitive Effects of Vertical Integration in Platform Markets
The Competitive Effects of Vertical Integration in Platform Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Competitive Effects of Vertical Integration in Platform Markets write by Jérôme Pouyet. This book was released on 2022. The Competitive Effects of Vertical Integration in Platform Markets available in PDF, EPUB and Kindle. We analyze vertical integration between platforms providing operating systems to manufacturers of devices when there are indirect network effects between buyers of devices and developers of applications. Vertical integration creates market power over developers, and over non-integrated manufacturers but only under certain circumstances. That market power enables to coordinate pricing decisions across both sides of the market, which leads to a better internalization of network effects. Vertical integration does not systematically lead to foreclosure and can benefit all parties, even in the absence of efficiency gains. Its competitive impact depends on the strength and the structure of indirect network effects.
Vertical Integration and Regulation
Vertical Integration and Regulation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Vertical Integration and Regulation write by Christoph Kleineberg. This book was released on 2019-01-17. Vertical Integration and Regulation available in PDF, EPUB and Kindle. This book investigates under which circumstances vertical unbundling can lead to a more efficient market result. The assessment is based on an interdisciplinary approach combining law and economics. Drawing on the assessment, circumstances are subsequently presented under which unbundling might become necessary. Additionally, less severe means of regulatory intervention are suggested in order to protect competition. Given its scope, the book is chiefly intended for scholars and practitioners in the field of economic policy and regulation law; in addition, it will give interested members of the public a unique opportunity to learn about the underlying rationales of regulation law and regulation economics.
The Antitrust Paradox
The Antitrust Paradox - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Antitrust Paradox write by Robert Bork. This book was released on 2021-02-22. The Antitrust Paradox available in PDF, EPUB and Kindle. The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Competitive Effects of Vertical Integration
Competitive Effects of Vertical Integration - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Competitive Effects of Vertical Integration write by . This book was released on 2005. Competitive Effects of Vertical Integration available in PDF, EPUB and Kindle.
