DP9617 Backward integration, forward integration, and vertical foreclosure
Author(s): | Yossi Spiegel |
Publication Date: | August 2013 |
Keyword(s): | backward integration, consumer surplus, controlling and passive integration, forward integration, investment, vertical foreclosure, vertical integration |
JEL(s): | D43, L41 |
Programme Areas: | Industrial Organization |
Link to this Page: | 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.