Do buyer groups facilitate collusion?
نویسندگان
چکیده
منابع مشابه
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In this paper we investigate the impact of vertical mergers on upstream firms’ ability to sustain collusion. We show in a number of models that the net effect of vertical integration is to facilitate collusion. Several effects arise. When upstream offers are secret, vertical mergers faciliate collusion through the operation of a foreclosure effect: Cheating unintegrated firms can no longer prof...
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ژورنال
عنوان ژورنال: Journal of Economic Behavior & Organization
سال: 2015
ISSN: 0167-2681
DOI: 10.1016/j.jebo.2014.11.004