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We examine the competitive effects of the vertical integration of gasoline refineries and retailers in the U …. Vertical foreclosure is found to increase the wholesale price of refined gasoline by 0.2 to 0.6 cents per gallon …
Persistent link: https://www.econbiz.de/10014102736
We examine the competitive effects of the vertical integration of gasoline refineries and retailers in the U …. Vertical foreclosure is found to increase the wholesale price of refined gasoline by 0.2 to 0.6 cents per gallon. …
Persistent link: https://www.econbiz.de/10010315497
We provide a simple model to investigate decisions about vertical separation. The key feature of this model is that more than one input is required for the final product of the downstream monopolist. We show that as the bargaining powers of independent complementary input suppliers grow larger,...
Persistent link: https://www.econbiz.de/10003921809
This paper empirically illustrates a new aspect of vertical integration that may hurt consumer welfare other than foreclosure and misuse of rivals' information by considering the possibility that a vertical merger turns out detrimental to the merged entity. My empirical results using data from...
Persistent link: https://www.econbiz.de/10014093470
media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …
Persistent link: https://www.econbiz.de/10012011207
Persistent link: https://www.econbiz.de/10003229226
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I examine the release date scheduling of all motion pictures that went into wide release in the US in 1995 and 1996 to investigate the effects of vertical market structure on competition. The evidence suggests that complex vertical structures involving multiple upstream or downstream firms...
Persistent link: https://www.econbiz.de/10014029214
associated with gasoline prices and the association is stronger the higher is the utilization rate at the time of the outage. The …
Persistent link: https://www.econbiz.de/10013052161