Vertical integration and product differentiation
We study a new channel of downstream rent extraction through vertical integration: competition for integration. Innovative downstream firms create value and profit opportunities through product differentiation, which however affects an upstream monopolist’s incentive to vertically integrate. By play...
| Main Authors: | , |
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| Format: | Article |
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Elsevier
2017
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| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/46030/ |