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Profitability of Monopolization by Vertical Integration
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Profitability of Monopolization by Vertical Integration
Vernon, J.M.
;
Graham, Daniel
URI:
http://hdl.handle.net/10161/1984
Date:
1971
Abstract:
It is generally accepted by economists concerned with merger policy that a monopolist does not have a profit incentive for intergrating forward into a competitive industry unless there are cost savings to be gained...
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