研討日期	2024年2月19日12:10-13:50
研討地點	國立臺灣大學社會科學院710會議室
主講題目 Title of the paper	Market structure and the competitive effects of vertical integration
作者 Authors of the paper	Simon Loertscher and Markus Reisinger
文獻出處 Journal, vol.(issue), pp	The RAND Journal of Economics , Fall 2014, Vol. 45, No. 3 (Fall 2014), pp. 471- 494
主講人	施姵全副教授
參加人員	黃鴻、林燕淑、王光正、彭正浩、許至乙、王羿傑、周冰瑤、Bui Dang-long、Suttiwan、Ayu Sasni Munte、Artah、Micah、楊雅棠、Anggoro、朱宣宥
	We analyze the competitive effects of backward vertical integration when firms exert market power upstream and compete in quantities downstream . Contrasting with previous literature, a small degree of vertical integration is always procompetitive because efficiency gains dominate foreclosure effects , and vertical integration even to full foreclosure can be procompetitive. Inter- estingly ; vertical integration is more likely to be procompetitive if the industry is otherwise more concentrated. Extensions analyze welfare effects of integration and the incentives to integrate. Our analysis suggests that antitrust authorities should be wary of vertical integration when the integrating firm faces many competitors and should be permissive oth