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Prevailing tests for whether bundled rebate programs are anticompetitive, including the recent Antitrust Modernization … Commission Recommendation 17, are based on whether some incremental or total price in the rebate program is less than some … appropriate incremental cost. This test presumes that rebate programs, and exclusionary conduct more generally, should be treated …
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Recently, there has been growing literature on exclusive dealing and loyalty discounts. I posit that any exclusive dealing should be per se illegal, except in case of loyalty discounts, as it excludes competition at least for the time of its duration. Contrary to the legal and economic...
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The controversial debate on the appropriate standard for the assessment of bundled discounts echoes the difficulties encountered by courts, antitrust authorities and scholars in their ongoing attempt to develop a coherent theoretical framework to distinguish exclusionary conduct from legitimate...
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This article provides a tractable model of inter-temporal price-discrimination by heterogeneous firms, imperative for our understanding of advance purchase markets in the wake of entry. The pricing schedule of a more efficient entrant is found to differ systematically from the pricing schedule...
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