Tuesday, August 7, 2012
Posted by D. Daniel Sokol
Ornella Tarola, University of Rome "La Sapienza", and Cecilia Vergari, University of Bologna offer A note on acquisition of complements in a vertically differentiated market.
ABSTRACT: This note is concerned with the e¤ects of joint ownership of complements when they are vertically differentiated. We provide strong arguments for the positive nature of network integration among firms, while showing at the same time that, in some circumstances, anti-competitive consequences can be observed under acquisition.