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Author:Vickers, J.
Title:Competition and regulation in vertically related markets
Journal:Review of Economic Studies
1995 : JAN, VOL. 62(1):210, p. 1-18
Index terms:COMPENSATION
ECONOMICS
VERTICAL INTEGRATION
Language:eng
Abstract:In an industry where naturally monopolistic and competitive activities are vertically related, should the natural monopolist be allowed also to operate in the deregulated competitive sector? Unlike much of the literature on vertical integration, this paper assumes that monopoly pricing behaviour is regulated, and therefore the effect of vertical integration on the task of regulation is central to the analysis. In the model there is both imperfect information and imperfect competition.
SCIMA record nr: 127770
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