In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because ...

In a model where two competing downstream firms establish an input joint venture (JV), we analyze how different royalty rules for covering fixed costs affect channel profits. Under running royalties (regardless of whether ...

Large retail grocery chains’ backward integration into distribution, procurement and production is controversial, and has received a lot of attention by both policymakers and market players. If a large retail chain for ...

Short Message Service (SMS) has been an overwhelming success in Europe, substantially larger than in the United States. In relative terms Norway represents one of the largest SMS markets in the world. The aim of the paper ...

Some countries are net importers while others are net exporters of global backbone access, content and other Internet services. At the same time, input components like local access are non-traded. This paper analyzes a ...

First, we analyze how regular days off from competition and a time-dependent price pattern affect firm performance. Second, we examine the effects on firms’ profitability from consumers’ changing search- and timing behavior. ...

In several industries, downstream competitors form upstream partnerships. An important rationale is that higher aggregate upstream volume might generate efficiencies that reduce both fixed and marginal costs. Our focus is ...

We consider the effects of a one-sided price regulation of one of two complementary inputs. The provider of the regulated component is a domestic firm, while the provider of the other component is a foreign firm. This ...

In this paper we analyze the incentives for platform sponsors to open up their networks for independent rivals. We show that open access may increase the platform sponsors’ profit levels and enhance quality improving investments.