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Vertical integration in the US cable industry
| Content Provider | Semantic Scholar |
|---|---|
| Author | Suzuki, Ayako Leonard, Gregory K. Moffitt, Robert Reinhold, Steffen Winder, Katie L. |
| Copyright Year | 2006 |
| Abstract | Theory shows that vertical integration has contrasting two effects, efficiency and foreclosure effects. This study empirically estimates the relative size of these two effects. Unlike previous studies, I focus on a single vertical merger in order to use a panel dataset, and estimate its average treatment effects on the several market outcomes. The findings suggest that there was a significant efficiency gain from the merger; the merged systems were found to carry affiliated networks more frequently; there was a larger price decrease in the merged markets. On the other hand, there was weak evidence of foreclosure. JEL classification: L10, L22, L40, C14. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | https://www.econstor.eu/bitstream/10419/92602/1/520158555.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
