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The impact of leniency and whistle-blowing programs on cartels

Aubert, Cécile; Rey, Patrick; Kovacic, William E. - Université Paris-Dauphine (Paris IX) - 2006

programs help prosecute participants and can thereby deter collusion. We compare the impact of reduced fines and positive … rewards and argue that rewarding individuals, including firm employees, can deter collusion in a more effective way. We …

Persistent link: https://www.econbiz.de/10010790029

Resale Price Maintenance and Horizontal Cartel

Rey, Patrick; Verge, Thibaud - Centre for Market and Public Organisation (CMPO), … - 2002

Whereas non-price restrictions such as exclusive territories are often tolerated while Resale Price Maintenance (RPM) is rather unanimously forbidden, the economic analysis shows so far that both types of restraints have positive and negative effects on welfare, in such a way that the balance is...

Persistent link: https://www.econbiz.de/10005022186

Collusion and leadership

Mouraviev, Igor; Rey, Patrick - In: International Journal of Industrial Organization 29 (2011) 6, pp. 705-717

The paper explores the role of price or quantity leadership in facilitating collusion. It extends the standard analysis … of tacit collusion by allowing firms to make their strategic choices either simultaneously or sequentially. It is shown … that price leadership indeed facilitates collusion by making it easier to punish deviations by the leader. In case of pure …

Persistent link: https://www.econbiz.de/10011051664

Resale Price Maintenance and Collusion

Jullien, Bruno; Rey, Patrick - C.E.P.R. Discussion Papers - 2000

firms to collude. We analyse the scope for collusion with and without resale price maintenance (RPM) when retailers observe … collusion and it reduces total welfare whenever firms choose to adopt it. …

Persistent link: https://www.econbiz.de/10005792032

Abuse of Dominance and Licensing of Intellectual Property

Rey, Patrick; Salant, David - Institut d'Économie Industrielle (IDEI), Toulouse … - 2012

We examine the impact of the licensing policies of one or more upstream owners of essential intellectual property (IP hereafter) on the variety offered by a downstream industry, as well as on consumers and social welfare. When an upstream monopoly owner of essential IP increases the number of...

Persistent link: https://www.econbiz.de/10010968940

Abuse of Dominance and Licensing of Intellectual Property

Rey, Patrick; Salant, David - Toulouse School of Economics (TSE) - 2012

Persistent link: https://www.econbiz.de/10011004745

Abuse of dominance and licensing of intellectual property

Rey, Patrick; Salant, David - In: International Journal of Industrial Organization 30 (2012) 6, pp. 518-527

We examine the impact of the licensing policies of one or more upstream owners of essential intellectual property (IP hereafter) on the variety offered by a downstream industry, as well as on consumers and social welfare. When an upstream IP monopoly increases the number of licenses, it enhances...

Persistent link: https://www.econbiz.de/10010594864

The Economics of Margin Squeeze

Jullien, Bruno; Rey, Patrick; Saavedra, Claudia - C.E.P.R. Discussion Papers - 2014

The paper discusses economic theories of harm for anti-competitive margin squeeze by unregulated and regulated vertically integrated firms. We review both predation and foreclosure theories, as well as the mere exploitation of upstream market power. We show that foreclosure provides an...

Persistent link: https://www.econbiz.de/10011083910

Foreclosing competition through access charges and price discrimination

López, Ángel L.; Rey, Patrick - 2009

This article analyzes competition between two asymmetric networks, an incumbent and a new entrant. Networks compete in non-linear tariffs and may charge different prices for on-net and off-net calls. Departing from cost-based access pricing allows the incumbent to foreclose the market in a...

Persistent link: https://www.econbiz.de/10010279451

A Dynamic Model of Predation

Rey, Patrick; Spiegel, Yossi; Stahl, Konrad O. - 2022

We study the feasibility and profitability of predation in a parsimonious infinite-horizon, complete information setting where an incumbent may face an entrant, in which case it needs to decide whether to accommodate or predate it. If the entrant exits, a new entrant is born with positive...

Persistent link: https://www.econbiz.de/10013353431