Describe the phenomenon of market foreclosure. specifically, Ask an Expert

Economics

1. Describe the phenomenon of market foreclosure. Specifically, describe how a vertical merger may "substantially lessen competition or tend to create a monopoly" through virtue of market foreclosure. Describe how the following mergers might result in market foreclosure:

a. A shoe manufacturer integrates "downstream" by merging /acquiring a shoe retailer (make reference to the Brown Shoe case here).

b. A dominant cable TV distributor (such as Time-Warner or Sudden Link) integrates "upstream" by the merger/acquisition of programmers such as HBO, MTV, or ESPN.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M9310332

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