Partial vertical ownership and tacit collusion
A partial ownership held by a downstream rm creates a perceived cost asymmetry towards its competitors. In this article, it is shown that this will have a negative impact on the sustainability of a collusive scenario. This is a similar result to natural di¤erences in production costs of rms. However...
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| Format: | masterThesis |
| Language: | eng |
| Published: |
2017
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| Online Access: | http://hdl.handle.net/10400.14/22730 |
| Country: | Portugal |
| Oai: | oai:repositorio.ucp.pt:10400.14/22730 |