Mizuno, Tomomichi; Arai, Koki; Ikeda, Chizuru; … - In: Economics Bulletin 29 (2009) 3, pp. 2438-2448
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...