文章基本信息

标题：Upstream Merger in a Successive Oligopoly: Who Pays the Price?
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作者：Øivind A. Nilsen ; Lars Sørgard ; Simen A. Ulsaker 等
期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2013
卷号：2013
出版社：Bergen
摘要：This study develops and uses a successive oligopoly model, with an unobservable non-linear tari between upstream and downstream rms, to analyze the possible anti-competitive eects of an upstream merger. We nd that an upstream merger may lead to higher average prices paid by downstream rms, but that there is no change in the prices paid by consumers. The model is tested empirically on data for an upstream merger in the Norwegian food sector (specically, the market for eggs). Consistent with the theoretical predictions of the model, we nd that the merger had no eect on consumer prices, but led to higher average prices from the downstream to the upstream rm.
关键词：Upstream merger; non-linear prices; Vertical con-;tracts