Partial cross ownership and tacit collusion

RAND Journal of Economics

Volumn 37, Issue 1, 2006, Pages 81-99

  Gilo, David ^a   Moshe, Yossi ^b   Spiegel, Yossi ^a  

^a TEL AVIV UNIVERSITY   (Israel)

^b BEN GURION UNIVERSITY OF THE NEGEV   (Israel)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 33745710497     PISSN: 07416261     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1756-2171.2006.tb00005.x     Document Type: Review

References (26)

1. Airline Business. "Airlines with Ownership by Other Carriers." June 1998, News, Vol. 48.
2. ALLEY, W. "Partial Ownership Arrangements and Collusion in the Automobile Industry." Journal of Industrial Economics, Vol. 45 (1997), pp. 191-205.
3. AMUNDSEN, E. AND BERGMAN, L. "Will Cross-Ownership Re-Establish Market Power in the Nordic Power Market." Energy Journal, Vol. 23 (2002), pp. 73-95.
4. BAKER, J. "Mavericks, Mergers, and Exclusion: Proving Coordinated Competitive Effects Under the Antitrust Laws." New York University Law Review, Vol. 77 (2002), pp. 135-203.
5. BERCK, P. AND SYDS/ETER, K. Economists' Mathematical Manual, 2d ed. Berlin: Springer-Verlag, 1993.
6. BOLLE, F. AND GÜTH, W. "Competition Among Mutually Dependent Sellers." Journal of Institutional and Theoretical Economics, Vol. 148 (1992), pp. 209-239.
7. BRESNAHAN, T. AND SALOP, S. "Quantifying the Competitive Effects of Production Joint Ventures." International Journal of Industrial Organization, Vol. 4 (1986), pp. 155-175.
8. CHARLÉTY, P., FAGART, M.-C., AND SOUAM, S. "Partial Acquisitions and Dilution of Minority Shareholders' Wealth." Mimeo, 2002.
9. DIETZENBACHER, E., SMID, B., AND VOLKERINK, B. "Horizontal Integration in the Dutch Financial Sector." International Journal of Industrial Organization, Vol. 18 (2000), pp. 1223-1242.
10. GILO, D. "The Anticompetitive Effect of Passive Investment." Michigan Law Review, Vol. 99 (2000), pp. 1-47.
11. _ AND SPIEGEL, Y. "Partial Cross Ownership and Tacit Collusion." CSIO Working Paper no. 0038, 2003.
12. FLATH, D. "When Is It Rational for Firms to Acquire Silent Interests in Rivals?" International Journal of Industrial Organization, Vol. 9 (1991), pp. 573-583.
13. _. "Horizontal Shareholding Interlocks." Managerial and Decision Economics, Vol. 13 (1992), pp. 75-77.
14. FROBENIUS, G. "Über Matrizen aus Nicht Negativen Elementen." S.-B. Preuss. Akad. Wiss. (Berlin), 1912, pp. 456-477.
15. JONES, G., KLIN, M., AND MOSHE, Y. "Primitivity of Permutation Groups, Coherent Algebras and Matrices." Journal of Combinatorial Theory Series A, Vol. 98 (2002), pp. 210-217.
16. KWOKA, J. "The Output and Profit Effects of Horizontal Joint Ventures." Journal of Industrial Economics, Vol. 40 (1992), pp. 325-338.
17. MALUEG, D. "Collusive Behavior and Partial Ownership of Rivals." International Journal of Industrial Organization, Vol. 10 (1992), pp. 27-34.
18. PARKER, P. AND RÖLLER, L.-H. "Collusive Conduct in Duopolies: Multimarket Contact and Cross-Ownership in the Mobile Telephone Industry." RAND Journal of Economics, Vol. 28 (1997), pp. 304-322.
19. PUROHIT, D. AND STAELIN, R. "Rentals, Sales and Buybacks: Managing Secondary Distribution Channels." Journal of Marketing Research, Vol. 31 (1994), pp. 325-339.
20. RITZBERGER, K. AND SHORISH, J. "The Building of Empires: Measuring the Separation of Dividend and Control Rights Under Cross-Ownership Among Firms." Mimeo, Institute for Advanced Studies, Vienna, Austria, 2003.
21. REITMAN, D. "Partial Ownership Arrangements and the Potential for Collusion." Journal of Industrial Economics, Vol. 42 (1994), pp. 313-322.
22. REYNOLDS, R. AND SNAPP, B. "The Competitive Effects of Partial Equity Interests and Joint Ventures." International Journal of Industrial Organization, Vol. 4 (1986), pp. 141-153.
23. TALLEY, K. "Avis Advertisements Fuel Questions." Bus News, Vol. 49 (1990), pp. 1-2.
24. TIROLE, J. The Theory of Industrial Organization. Cambridge, Mass.: MIT Press, 1988.
25. UNITED STATES DEPARTMENT OF JUSTICE (DoJ) AND THE FEDERAL TRADE COMMISSION. Horizontal Merger Guidelines. Washington, D.C.: U.S. G.O.P., 1997. Available at www.usdoj.gov/atr/public/guidelines/horiz_book/hmg1.html.
26. WATERMAN, D. AND WEISS, A. Vertical Integration in Cable Television. Cambridge, Mass.: MIT Press and AEI Press, 1997.