Overlapping ownership can lead firms to raise prices, but what determines the magnitude of this effect? I study how the price effect of overlapping ownership depends on demand and cost conditions and the degree of product differentiation in a Bertrand oligopoly. I do so by extending Weyl and Fabinger's (2013) conduct parameter approach, which highlights the importance of pass-through.
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Teis Lunde Lømo (2024) studied this question.
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