Due to potential abuse of the market power at wholesale and retail market level for natural gas the Federal Cartel Office in Germany prohibited further forward integration of gas importing firms with retail incumbents from 2005/2006 to 2010. The Authority argued that the very few dominant gas...

Vertical integration in forest industry refers to firms that provide large portion of wood from their own or controlled forests. Access to resources and competition for cost effective acquisition of industrial raw material are some of the main concerns and advantages for globalized forestry...

In this paper, we discuss the case of the integration between NSK and Amatsuji Steel Ball by using the successive oligopoly model. We show that the integration does not lead to input foreclosure. However, it leads to customer foreclosure, if the fixed cost of a rival firm in the upstream market...

This study examines factors influencing make or buy decisions corresponding to four generic services (housekeeping, laundry, food services, and maintenance and security) in the Spanish hospitals (3.160 transactions for 790 hospitals). The paper presents the empirical estimation of a logistic...

With a focus on the digital camera industry, which of all IT devices Japan has high industry competitive advantage, we discuss what product strategy did companies employ to create and capture value as the market developed, and how product architecture has changed. To meet the different needs of...

The determining feature of a small enterprise (SE) is absence of its inertia, in other words, its ability to quickly adapt to the market situation and pass to output of new products. This feature makes a SE an attractive partner for a large enterprise (LE). The world experience proves that...

Resumen: En este trabajo se hará una presentación de los elementos teóricos propuestos en los planteamientos hechos por R.Coase (1937, 1960, 1994) y O. Williamson (1981, 1991); destacando sus contribuciones analíticas en el campo de la Estrategia Empresarial Corporativa, además de...

This paper analyzes the impact of vertical integration on the static and dynamic stability of downstream incomplete collusion. It is shown that a vertical merger between an upstream firm and a downstream cartel or fringe firm promotes downstream collusion, under certain conditions on the market...