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| Simon Loertscher |
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| ''Vertical mergers that eliminate double markups are procompetitive'' |
| ( 2008, Vol. 4 No.22 ) |
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| Assuming that oligopolistic downstream firms take intermediate goods prices as given and that upstream and integrated firms choose their quantities first and simultaneously, this note shows that vertical mergers between upstream and downstream firms are procompetitive. |
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| Keywords: Vertical integration |
JEL: D4 - Market Structure and Pricing: General
L1 - Market Structure, Firm Strategy, and Market Performance: General |
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| Manuscript Received : Jul 01 2008 | | Manuscript Accepted : Jul 03 2008 |
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