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Single monopoly profits, vertical mergers, and downstream entry deterrence

Hunold, Matthias; Schad, Jannika Leonie - 2021

We review the Chicago school's single monopoly profit theory whereby an upstream monopolist cannot increase its profits …

Persistent link: https://www.econbiz.de/10012704705

Vertical Information Restraints : Pro- and Anti-Competitive Impacts of Minimum Advertised Price Restrictions

Asker, John - 2016

We consider vertical contracts where the retail market may involve search frictions. Minimum advertised price restrictions (MAP) act as a restraint on customers' information and so can increase search frictions in the retail sector. Such restraints, thereby, soften retail competition—an impact...

Persistent link: https://www.econbiz.de/10012980147

Opportunism problems of colluding manufacturers

Grieselmann, Jana; Hunold, Matthias; Muthers, Johannes; … - 2021

In a market with two exclusive manufacturer-retailer pairs, we show that colluding manufacturers may not be able to attain supra-competitive profits when contracts with retailers are secret. The stability of manufacturer collusion depends on the retailers' beliefs. We consider various dynamic...

Persistent link: https://www.econbiz.de/10012697477

Manufacturer cartels and resale price maintenance

Hunold, Matthias; Muthers, Johannes - 2020

We provide a theory of how RPM facilitate upstream cartels absent any information asymmetries using a model with … manufacturers if they collude. We thus provide a novel theory of harm for resale price maintenance when manufacturers collude and … illustrate the fit of this theory in various competition policy cases. …

Persistent link: https://www.econbiz.de/10012438202