Kitamura, Hiroshi; Sato, Misato; Arai, Koki - In: Journal of Economics 112 (2014) 1, pp. 47-60
This paper constructs a model of anticompetitive exclusive dealings with potential downstream competition. Unlike in previous studies, the incumbent can establish a direct retailer with some fixed payment and can offer an exclusive contract to a downstream buyer twice. We show that the existence...