Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
Review of Industrial Organization, Vol. 59, No. 2, Special Issue: The U.S. Vertical Merger Guidelines (September 2021), pp. 177-204 (28 pages) This article explains the inherent loss of an indirect ...
We study the welfare impacts of mergers in markets where some firms are already vertically integrated. Our model features logit Bertrand competition downstream and Nash Bargaining upstream. We ...
Companies are looking for ways to expand their operations and increase market share in the rapidly growing cannabis industry. Horizontal integration is one popular strategy that involves merging with ...
We provide an incomplete information bargaining framework that captures the effects of differential bargaining power in markets with multiple buyers and multiple suppliers. The market is modeled as a ...