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

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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.
Original languageUnknown
Pages (from-to)60-75
JournalManchester School
Volume78
Issue number1
DOIs
Publication statusPublished - 1 Jan 2010

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