Vertical integration and right of first refusal
AbstractWe consider a partially integrated industry and examine the effects of contracts with a right of first refusal, whereby the vertically integrated firm has the option to match a quote from an independent supplier to supply an independent downstream firm.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 113 (2011)
Issue (Month): 1 (October)
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Web page: http://www.elsevier.com/locate/ecolet
Vertical integration Matching contracts Competition softening effect;
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