Platform pricing may be connected to antitrust risks, which a company can face under excessive or predatory price scrutiny when the platform is recognized as dominant in the market. Since Federal Antitrust Service of Russia (FAS Russia) prefers price-cost comparison when studying excessive or...

Competition authorities impose substantial penalties on firms engaging in illegal pricefixing. We examine how basing cartel fines on either revenue, profit, or price overcharge influences cartel and market prices, as well as cartel incidence and stability. In an infinitely repeated Bertrand...

We provide a novel theory of harm for resale price maintenance (RPM). In a model with two manufacturers and two retailers, we show that RPM facilitates manufacturer collusion when retailers have alternatives to selling a manufacturer's product. Because of the alternatives, manufacturers can only...

As it becomes cheaper to copy and share digital content, vendors are turning to technical protections such as encryption. We argue that if protection is nevertheless imperfect, this transition will generally lower the prices of content relative to perfect legal enforcement. However, the effect...

Over the past fifty years antitrust theorists and economists have advanced several pro-competitive explanations for minimum resale price maintenance [RPM]. Additionally, scholars have argued that non-price vertical restraints (such as territorial exclusivity) and RPM have similar effects on...

Electronic academic journal platforms provide new services of text and/or data mining and linking, indispensable for efficient allocation of attention among over-abundant sources of scientific information. Fully realizing the benefit of these services requires interconnection among the...

Competition authorities often challenge all-unit discounts due to the high pressure they impose upon buyers to meet the quantity threshold. We analyze this so called suction effect in a sequential-entry model where an incumbent seller seeks to shift rents from a more efficient entrant. We find...

The advent of big data analytics has favoured the emergence of forms of price discrimination based on consumers' profiles and their online behaviour (i.e. personalised pricing). The paper analyses this practice as a possible exploitative abuse by dominant online platforms. The paper argues that,...

This paper studies price leadership and coordination in the retail gasoline market.Its main contribution is to show how large retail chains use price leadership toboth agree on and sustain a new margin-enhancing equilibrium. A unique datasetspanning 14 years with exact timing of price changes...

Online platforms often impose Price Parity Clauses to prevent sellers from charging lower prices on alternative sales channels. We provide quasi-experimental evidence on the full removal of Price Parity Clauses in France in 2015 for hotels listed on Booking.com. Our analysis reveals significant...