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We consider strategic behavior in non-Coasean litigation: private disputes such that the court's judgment may influence the final allocation of rights even if transaction costs are zero. This occurs when the law prohibits otherwise-profitable efforts to contract around the court's judgment. This...
Persistent link: https://www.econbiz.de/10013231047
One key concern in vertical merger cases is input foreclosure. Input foreclosure involves raising the costs of competitors in the downstream market, which could in turn increase the sales and profits of the downstream merger partner. In this article, we explain how the upward pricing pressure...
Persistent link: https://www.econbiz.de/10013036804
This Appendix supplements the technical analysis in the Moresi and Salop Vertical GUPPI article published in the Antitrust Law Journal. The paper "vGUPPI: Scoring Unilateral Pricing Incentives in Vertical Mergers" to which these Appendices apply is available at the following URL:...
Persistent link: https://www.econbiz.de/10014150676