Passive vertical integration and strategic delegation.
With backward acquisitions in their efficient supplier, downstream firms profitably internalize the effects of their actions on their rivals' sales, while upstream competition is also relaxed. Downstream prices increase with passive, yet decrease with controlling acquisition. Passive acquisition is...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 47; no. 4; pp. 891 - 914 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Winter2016
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |