๐”– Bobbio Scriptorium
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On the monopoly capitalist degradation of work

โœ Scribed by Bill Schwarz


Publisher
Springer
Year
1977
Tongue
English
Weight
704 KB
Volume
2
Category
Article
ISSN
0304-4092

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On the vertical integration of successiv
โœ Thomas W. Ross ๐Ÿ“‚ Article ๐Ÿ“… 1992 ๐Ÿ› Springer US ๐ŸŒ English โš– 522 KB

This essay studies the private incentives for, and welfare consequences of, the vertical integration of successive monopolies. When the merged firm is as efficient as its pre-merger components, private and social interests coincide and the merger raises welfare by eliminating the double mark-up. Whe