to vertically integrate when firms on both segments negotiate optimal contracts. We argue that tougher competition … firm is better off encouraging competition when the downstream firms have high bargaining power. We derive implications on …This paper analyses the impact of competition among downstream firms on an upstream firm's payoff and on its incentive …

In many intermediate goods markets buyers and sellers both have market power. Contracts are usually long-term and … simultaneous Rubinstein-Ståhl bargainings between pairs of buyers and sellers, over contracts specifying price and quantity …

This Paper provides a conceptual framework of multilateral bargaining in a bilaterally oligopolistic industry to …, even though integration weakens their bargaining position. In this case the merger benefits all parties, i.e., suppliers …

We examine a Bertrand competition game between two intermediaries offering matching services between two sides of a …

impact of several dimensions of market competition and other factors on enterprise efficiency. We analyse 1992-1998 panel …, intensity, time path, and survival effects of competitive pressures. We find large, positive effects on TFP from competition in …

This Paper examines competition between a dominant network and a challenging network with third-degree or perfect price … competition and reduces average equilibrium prices. Because bandwagon effects are due to the incompatibility of networks, under … incentives to unilaterally degrade the quality for some targeted group of consumers in order to weaken competition. …

We investigate the robustness of the new foreclosure doctrine and its associated welfare implications to the …

vertically integrated firms. We review both predation and foreclosure theories, as well as the mere exploitation of upstream … market power. We show that foreclosure provides an appropriate framework in the case of an unregulated firm, whereas a firm …

the seller’s relative bargaining power and bargaining share. This in turn fosters the seller’s incentives to invest even …

in cable and the more encouraging but incomplete evidence on the benefits of satellite and telco competition. It …