Vertical mergers that eliminate double markups are procompetitiveEconomic Bulletin (2008)
AbstractAssuming 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.
Citation InformationSimon 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/