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In the paper, the fundamental question is under what conditions loyalty discounts and rebates adopted by a dominant firm cause anti-competitive effects. Fidelity schemes, although extremely frequent in the market, if applied by a dominant firm, are likely to be judged as illegal per se, as...
Persistent link: https://www.econbiz.de/10012856715
The present chapter investigates the antitrust rules applicable to loyalty or fidelity rebate schemes under EU …
Persistent link: https://www.econbiz.de/10013219661
Loyalty discounts lie at the heart of the debate on single firm conduct, probably the most controversial issue in contemporary antitrust practice. Under particular conditions, loyalty discounts may have an exclusionary effect. However, they constitute a classical form of price competition, an...
Persistent link: https://www.econbiz.de/10012720972
should have instead focused on the fact that changes to the bundled rebate programs served to increase rather than decrease …
Persistent link: https://www.econbiz.de/10014062619
products and frequently use multiple or exclusive rebate contracts to exercise market power. Based on a Hotelling model of … horizontal and vertical product differentiation, we examine the controversy whether there exists a superior rebate scheme as far … differentiation, we find that firms clearly prefer multiple over exclusive rebate contracts. Contrary, there exists no rebate form …
Persistent link: https://www.econbiz.de/10009510114
deals with rebate contracts in the health care sector. The aim of this thesis is to analyze different forms and aspects of … rebate contracts. We answer the question, are rebate contracts in general appropriate methods to decrease total expenditures …, both in a static and a dynamic analysis. Additionally, we present the effects of different rebate contract forms on firms …
Persistent link: https://www.econbiz.de/10010337275
Background: The AMNOG regulation, introduced in 2011 in Germany, changed the game for new drugs. Now, the industry is …
Persistent link: https://www.econbiz.de/10011586599
, I exploit a policy reform in Germany in 2010 that increased the manufacturer rebate by 10 percentage points. Using a …In this paper, I study the effect of a change in the mandatory manufacturer rebate on wholesale prices for … pharmaceuticals on competition by parallel imports. First, I analyze the effect of a manufacturer rebate on competition by parallel …
Persistent link: https://www.econbiz.de/10011949028
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