Backward integration, forward integration, and vertical foreclosure
Yossi Spiegel
No 9617, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
I show that partial vertical integration may either alleviates or exacerbate the concern for vertical foreclosure relative to full vertical integration and I examine its implications for consumer welfare.
Keywords: Vertical integration; Backward integration; Forward integration; Vertical foreclosure; Controlling and passive integration; investment; Consumer surplus (search for similar items in EconPapers)
JEL-codes: D43 L41 (search for similar items in EconPapers)
Date: 2013-08
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Citations: View citations in EconPapers (15)
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