Complementary monopolies and multi-product firms

According to the classical result on complementary monopolies, a single-product firm unambiguously prefers purchasing complementary inputs from an integrated monopolistic supplier rather than from different non-integrated monopolistic suppliers. In this note, we account for the fact that firms often...

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Veröffentlicht in:	Economics letters 2017-08, Vol.157, p.28-30
Hauptverfasser:	Kopel, Michael, Löffler, Clemens, Pfeiffer, Thomas
Format:	Artikel
Sprache:	eng
Schlagworte:	Companies Complementary monopolies Manufacturing Monopolies Multi-input sourcing Multi-product firms Purchasing Studies
Online-Zugang:	Volltext
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