Under which circumstances does vertical integration become ...

[ishan]

Under which circumstances does vertical integration become useful?

Question 2

Negative externalities are benefits that people lose in a transaction.
  Indicate whether the statement is true or false

[aprice35067]

Answer to Question 1

In situations where contracts are too costly to form or enforce, vertical integration that puts all of the relevant assets under the same control can be an efficient mode of governance.

Answer to Question 2

False