Partial Vertical Integration, Ownership Structure, and Foreclosure

B-Tier
Journal: American Economic Journal: Microeconomics
Year: 2018
Volume: 10
Issue: 1
Pages: 132-80

Authors (3)

Nadav Levy (Interdisciplinary Center (IDC)) Yossi Spiegel (not in RePEc) David Gilo (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the incentive to acquire a partial stake in a vertically related firm and then foreclose rivals. We show that whether such partial acquisitions are profitable depends crucially on the initial ownership structure of the target firm and on corporate governance.

Technical Details

RePEc Handle
repec:aea:aejmic:v:10:y:2018:i:1:p:132-80
Journal Field
General
Author Count
3
Added to Database
2026-01-25