Rey, Patrick; Tirole, Jean - In: Handbook of industrial organization : volume 3, (pp. 2145-2220). 2007
This chapter analyzes the private rationale and the social costs and benefits of market foreclosure, here defined as a … vertical foreclosure (in which full access to a bottleneck input is denied to competitors) and provides an overview of the … private costs and benefits of foreclosure. The chapter then turns to horizontal foreclosure , where the monopoly good is sold …