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Two monopolistic manufacturers each produce a differentiated good. One sells it to both retailers, while the other only supplies a single retailer. Retailers compete in prices. Retail bundling is profitable when the goods are close substitutes. Only then is competition so intense that the retailer uses bundling to relax competition both within and across product markets, despite an aggravation of the double marginalization problem. Our asymmetric market structure arises endogenously for the case of close substitutes. In this case, bundling reduces social welfare.","lang":"eng"}],"page":"43","citation":{"ama":"Endres-Fröhlich AE, Hehenkamp B, Heinzel J. The Impact of Product Differentiation on Retail Bundling in a Vertical Market.","apa":"Endres-Fröhlich, A. E., Hehenkamp, B., & Heinzel, J. (n.d.). The Impact of Product Differentiation on Retail Bundling in a Vertical Market.","chicago":"Endres-Fröhlich, Angelika Elfriede, Burkhard Hehenkamp, and Joachim Heinzel. 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