Berger, Allen N.; Miller, Nathan H.; Petersen, Mitchell A. - 2001 - [Elektronische Ressource]
often framed
in terms of vertical integration—i.e., when can it make sense for upstream and
downstream activities to be … combined under the roof of a single firm? But one can also
ask about the circumstances under which horizontal integration … trade. While this approach is helpful in identifying the advantages of integration
(i.e., a reduction in market hold …