Mergers of producers of complements: how autonomous markets change the price effects

Brito, D., M. Catalão-Lopes (2010), "Mergers of producers of complements: how autonomous markets change the price effects", Manchester School, 78(1), 60-75.
Abstract:

We analyze the price effects of mergers to monopoly between producers of complementary goods when there exists a fraction of consumers that value only one of the components. We show that customers are more likely to face a price decrease for the composite good under this setting than when such consumers do not exist.

eZ publish™ copyright © 1999-2018 eZ systems as