Exclusive Dealing and Vertical Integration in Interlocking Relationships

This book PDF is perfect for those who love Competition, Imperfect genre, written by Volker Nocke and published by Unknown which was released on 29 March 2024 with total hardcover pages 63. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Exclusive Dealing and Vertical Integration in Interlocking Relationships books below.

Exclusive Dealing and Vertical Integration in Interlocking Relationships
Author : Volker Nocke
File Size : 53,6 Mb
Publisher : Unknown
Language : English
Release Date : 29 March 2024
ISBN : OCLC:893627955
Pages : 63 pages
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Exclusive Dealing and Vertical Integration in Interlocking Relationships by Volker Nocke Book PDF Summary

We develop a model of interlocking bilateral relationships between upstream firms (manufacturers) that produce differentiated goods and downstream firms (retailers) that compete imperfectly for consumers. Contract offers and acceptance decisions are private information to the contracting parties. We show that both exclusive dealing and vertical integration between a manufacturer and a retailer lead to vertical foreclosure, to the detriment of consumers and society. Finally, we show that firms have indeed an incentive to sign such contracts or to integrate vertically.

Exclusive Dealing and Vertical Integration in Interlocking Relationships

We develop a model of interlocking bilateral relationships between upstream firms (manufacturers) that produce differentiated goods and downstream firms (retailers) that compete imperfectly for consumers. Contract offers and acceptance decisions are private information to the contracting parties. We show that both exclusive dealing and vertical integration between a manufacturer and

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