I show that copyright law is intimately connected to price discrimination. First, price discrimination is common in markets for copyrighted works. Second, many features of copyright law affect resale or personal arbitrage and so influence the profitability of price discrimination. For example,...

Buyer power may provide a countervailing force to enhanced seller power, and unless it leads to successive power, it may lead to lower prices in the downstream market. However, buyer power may also be socially detrimental when it is not in the presence of strong seller power. In that case it may...