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In a winner-take-all duopoly market for systems in which firms invest to improvetheir products, a monopoly supplier of an essential system component may havean incentive to advantage itself by technological tying; that is, by designing thecomponent to work better in its own system. If the...
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The recent years have exhibited a burst in the amount of collaborative activities among firms selling complementary products. This paper aims at providing a rationale for such a large extent of collaboration ties among complementors. To this end, we analyze a game in which the two producers of a...
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This Article argues that the current foreclosure crisis illustrates how economic stability and racial justice are …
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supplier's ability to interact with unintegrated competitors. Vertical integration may thus lead to input foreclosure, thereby … raising rivals' cost and limiting both upstream competition and downstream innovation. A similar concern of customer … foreclosure arises in the case of downstream bottlenecks. …
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