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pressure indices, the GUPPI concept of Salop/Moresi (2009) and the vGUPPI concept of Moresi/Salop (2013). Such a simple … screen mergers between mobile network operators which compete with mobile virtual network operators in the downstream retail … imposed so that the iGUPPI for the upstream market allows for a decomposition into an upstream market version of the GUPPI and …
Persistent link: https://www.econbiz.de/10011842004
Persistent link: https://www.econbiz.de/10012489113
This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual … media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine … economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …
Persistent link: https://www.econbiz.de/10012011207
policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each …
Persistent link: https://www.econbiz.de/10014023495
We provide a theory of how RPM facilitate upstream cartels absent any information asymmetries using a model with manufacturer and retailer competition. Because retailers have an effective outside option to each manufacturer's contract, the manufacturers can only ensure contract acceptance by...
Persistent link: https://www.econbiz.de/10012287933
In a model with manufacturer and retailer competition, we show that RPM facilitates manufacturer cartels when retailers have an outside option to selling the manufacturer's product. Because retailers have an effective outside option, the manufacturer can only ensure contract acceptance by...
Persistent link: https://www.econbiz.de/10012662688
We provide a novel theory of harm for resale price maintenance (RPM). In a model with two manufacturers and two retailers, we show that RPM facilitates manufacturer collusion when retailers have alternatives to selling a manufacturer's product. Because of the alternatives, manufacturers can only...
Persistent link: https://www.econbiz.de/10014476263
While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if...
Persistent link: https://www.econbiz.de/10003951748
This study constructs a simplest model to examine anticompetitive exclusive contracts that prevent a downstream buyer from buying input from a new up-stream supplier. Incorporating Nash bargaining into the standard one-buyer-one-supplier framework in the Chicago School critique, we show a...
Persistent link: https://www.econbiz.de/10011530227
We study welfare effects of horizontal mergers under a successive oligopoly model and find that downstream mergers can … conditions for a reduction in input prices and welfare-improving horizontal mergers under a general demand function. Qualitative … nature of our findings remains unchanged for upstream mergers. …
Persistent link: https://www.econbiz.de/10011491438