A comment on 'Cross-border merger, vertical structure, and spatial competition'
The aim of this paper is to revise and correct the results obtained in Beladi et al. [Beladi, H., Chakrabarti, A., Marjit, S., 2010. Cross-border merger, vertical structure, and spatial competition. Economics Letters 109, 112-114]. Specifically, we prove that in the pre-merger free-trade case, Nash equilibrium locations coincide with the equilibrium locations of the two downstream firms, following a cross-border upstream merger.
|Date of creation:||May 2016|
|Date of revision:||Aug 2016|
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- Beladi, Hamid & Chakrabarti, Avik & Marjit, Sugata, 2010.
"Cross-border merger, vertical structure, and spatial competition,"
Elsevier, vol. 109(2), pages 112-114, November.
- Beladi, Hamid & Chakrabarti, Avik & Marjit, Sugata, 2010. "Cross-border Merger, Vertical Structure, and Spatial Competition," MPRA Paper 24474, University Library of Munich, Germany.
- Eleftheriou, Konstantinos & Michelacakis, Nickolas J., 2016. "A comment on ‘Vertical mergers and downstream spatial competition with different product varieties’," Economics Letters, Elsevier, vol. 143(C), pages 84-86. Full references (including those not matched with items on IDEAS)
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