DP9617 Backward integration, forward integration, and vertical foreclosure
|Publication Date:||August 2013|
|Keyword(s):||backward integration, consumer surplus, controlling and passive integration, forward integration, investment, vertical foreclosure, vertical integration|
|Programme Areas:||Industrial Organization|
|Link to this Page:||www.cepr.org/active/publications/discussion_papers/dp.php?dpno=9617|
I show that partial vertical integration may either alleviates or exacerbate the concern for vertical foreclosure relative to full vertical integration and I examine its implications for consumer welfare.