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Multi-product pricing and minimum resale price maintenance
Dertwinkel-Kalt, Markus; Wey, Christian - 2021
We provide a novel explanation for why manufacturers want to enforce a minimum resale price (min RPM) on retailers. A manufacturer sells her good via a multi-product retailer to final consumers by charging a linear wholesale price. The manufacturer then maximizes her profit through min RPM...
Persistent link: https://www.econbiz.de/10013328108
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Leegin and Resale Price Maintenance - A Model for Emulation or for Caution for the World?
Lao, Marina - 2009
In a 5-4 antitrust decision in Leegin, the Supreme Court in 2007 overruled the nearly century-old precedent of Dr. Miles to end per se condemnation of minimum resale price maintenance (RPM) in favor of a rule of reason analysis. This decision places the United States at odds with the European...
Persistent link: https://www.econbiz.de/10013158370
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Raising Rivals' Costs Through Cartel Detection - Why Downstream Buyers Rather Face an Upstream Cartel than Downstream Competition
Clemens, Georg - 2018
This paper analyses how the endogenous detection of an upstream cartel by a down-stream buyer allows the detecting firm to raise rivals' cost. We model a market with a vertical structure, where a stable all-inclusive cartel is operating in the upstream market which provides an input to a...
Persistent link: https://www.econbiz.de/10012934303
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U.S. Convergence with International Competition Norms : Antitrust Law and Public Restraints on Competition
Cooper, James C.; Kovacic, William E. - 2014
In this Article we focus upon an area in which greater convergence of U.S. policy with the practice of many foreign countries is long overdue: the treatment of public policies that suppress competition. Whereas the European Union (“EU”) and numerous other jurisdictions have taken strong...
Persistent link: https://www.econbiz.de/10014039873
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Antitrust, Multi-Dimensional Competition, and Innovation : Do We Have an Antitrust-Relevant Theory of Competition Now?
Wright, Joshua D. - 2013
Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …
Persistent link: https://www.econbiz.de/10014046270
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Vertical Restraints to Competition in Retail Markets (Restricciones Verticales a la Competencia en el Ámbito del Retail)
Rojas Covarrubias, Nicolás - 2009
This paper (only available in Spanish) summarises the relevant literature in the field of vertical restraints in connection with retail markets and distribution, and provides some insights from Chilean practice
Persistent link: https://www.econbiz.de/10013155761
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Anticompetitive Effects in EU Competition Law
Ibáñez Colomo, Pablo - 2020
This article examines the meaning and scope of the notion of anticompetitive effects in EU competition law. It does so by bringing together several strands of the case law (and this across all provisions, namely Articles 101 and 102 TFEU and merger control). The analysis is structured around a...
Persistent link: https://www.econbiz.de/10012834288
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The Effective Competition Standard : A New Standard for Antitrust
Steinbaum, Marshall - 2020
America's failing antitrust system is, in large part, to blame for today's market power problem. Lax antitrust law and enforcement have allowed troubling trends like corporate consolidation to remain unchallenged, further embedding our skewed economy. In highly consolidated markets, consumers...
Persistent link: https://www.econbiz.de/10012850758
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Resale Price Maintenance – A Beneficial Tool or a Hardcore Restriction of Competition?
Jaswal, Ananta - 2020
A major part of antitrust violations are comprised by price fixing arrangements, as they operate against the standard of price being determined by market forces. Such arrangements are a cause of concern in both horizontal and vertical markets. In this regard, Resale Price Maintenance agreements...
Persistent link: https://www.econbiz.de/10012839946
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Innovation Competition, Unilateral Effects and Merger Policy
Petit, Nicolas - 2020
post-merger R&D efforts (including lower expenditure). SIEIC is distinct from the mainstream unilateral effects theory of … analysis lies a fundamental question of competition theory: under what conditions can variations of existing economic models be … applied in merger cases? This paper is divided into three sections. In Section I, the SIEIC theory of harm is described and …
Persistent link: https://www.econbiz.de/10012852989