A PYMNTS Company

Backward Integration, Forward Integration, and Vertical Foreclosure

By  |  October 21, 2013

Posted by D. Daniel Sokol

Yossi Spiegel, Tel Aviv University – The Leon Recanati Graduate School of Business Administration discusses Backward Integration, Forward Integration, and Vertical Foreclosure

ABSTRACT: I show that partial vertical integration may either alleviates or exacerbate the concern for vertical foreclosure relative to full vertical integration and I examine its implications for consumer welfare.