Question
a) Suppose that there is only one upstream firm and one downstream firm in an industry. Is a vertical merger of these firms always good
a) Suppose that there is only one upstream firm and one downstream firm in an industry. Is a vertical merger of these firms always good for the society ? Why ?
b) Suppose that there are more than one upstream firm and more than one downstream firm in another industry. Is a vertical merger always good for the society ? Why ?
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Econophysics And Financial Economics An Emerging Dialogue
Authors: Franck Jovanovic, Christophe Schinckus
1st Edition
0190205032, 9780190205034
