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| Titel | Passive backward acquisitions and downstream collusion |
| Verantwortlich | Shiva Shekhar, Tim Paul Thomes |
| Autor/in |
Shekhar, Shiva
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Thomes, Tim Paul
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| Medientyp | Print |
| Publikationstyp | Buch |
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Erschienen
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2020
Düsseldorf, Germany
Heinrich-Heine-University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
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| Inhalt | We investigate the effects of passive backward acquisitions in their efficient upstream supplier on downstream firms' ability to collude in a dynamic game of price competition with homogeneous goods. We find that passive backward acquisitions impede downstream collusion. The main driver of our finding is that a passive backward acquisition secures an acquirer from zero continuation profits after a breakdown of collusion. This anti-collusive effect cannot be outweighed by a lower collusive price that is set by the cartel to increase the acquirer's profit from its claim on the upstream margin |
| ISBN | 9783863043506 | 3863043502 |
| Umfang | 13 Seiten |
| Erschienen als | DICE discussion paper, Band 351 |
| Parallelausgabe |
Online-Ausgabe
ISBN:
9783863043506 |
3863043502
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