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Article
Vertical mergers that eliminate double markups are procompetitive
Economic Bulletin (2008)
  • Simon Loertscher, University of Melbourne
Abstract
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.
Publication Date
2008
Citation Information
Simon Loertscher. "Vertical mergers that eliminate double markups are procompetitive" Economic Bulletin Vol. 4 Iss. 22 (2008)
Available at: http://works.bepress.com/simon_loertscher/6/