A note on successive oligopolies and vertical mergers

Jaskold Gabszewicz, Jean;Zanaj, Skerdilajda
(2007)

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  • Jaskold Gabszewicz, JeanUCLouvain
    Author
  • Zanaj, Skerdilajda
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Abstract
In this paper we analyze how the technology used by downstream firms can influence input and output market prices. We show via an example that both these prices increase under a decreasing returns technology while the contrary holds when the technology is constant.
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Jaskold Gabszewicz, J., & Zanaj, S. (2007). A note on successive oligopolies and vertical mergers (ECON Discussion Papers 2007/21). https://hdl.handle.net/2078.5/34666