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The ambiguous competitive effects of passive partial forward integration

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dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorPapadopoulos, Konstantinos G.
dc.contributor.authorPetrakis, Emmanuel
dc.contributor.authorSkartados, Panagiotis
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Economíaes
dc.date.accessioned2021-10-01T17:14:15Z
dc.date.available2021-10-01T17:14:15Z
dc.date.issued2021-10-01
dc.description.abstractIn a two-tier industry with an upstream monopolist supplier and downstream competition with differentiated goods, we show that passive partial forward integration (PPFI) has ambiguous effects on competition and welfare. When vertical trading is conducted via linear tariffs, PPFI is pro-competitive and welfare-increasing. While under two-part tariffs, it is anti-competitive and welfare-decreasing. These hold irrespectively of the degree of product differentiation, the observability or secrecy of contract terms, the mode of downstream competition, and the distribution of bargaining power between firms.en
dc.identifier.issn2340-5031
dc.identifier.urihttps://hdl.handle.net/10016/33354
dc.identifier.uxxiDT/0000001926es
dc.language.isoeng
dc.relation.ispartofseriesWorking paper. Economicsen
dc.relation.ispartofseries21-09es
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/*
dc.subject.ecienciaEconomíaes
dc.subject.jelD43
dc.subject.jelL13
dc.subject.otherPartial Passive Forward Integrationen
dc.subject.otherTwo-Part Tariffsen
dc.subject.otherLinear Tariffsen
dc.subject.otherCompetitionen
dc.subject.otherWelfareen
dc.titleThe ambiguous competitive effects of passive partial forward integrationen
dc.typeworking paper*
dspace.entity.typePublication
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