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ownership and scope of the firm - its degree of vertical and transnational integration; and agency issues relating to employee … Daniel A. Graham (1971), 'Profitability of Monopolization by Vertical Integration', Journal of Political Economy, 79 (4), 924 …-5 -- Richard Schmalensee (1973), 'A Note on the Theory of Vertical Integration', Journal of Political Economy, 81 (2, Part 1 …

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