Markups are often much higher on aftermarket products than on corresponding durable goods. Many theoretical explanations of this phenomenon have been advanced, but little empirical work has tested them. Using data on laser printer toner and memory pricing, this paper sheds some empirical light...

Price markups over marginal cost are often higher on "aftermarket" parts and services for durable goods than they are on the goods themselves. A popular explanation is that the aftermarket good is used as a "metering" device. This paper explores what happens in the metering model as foremarket...

The European Commission blocked the proposed 2001 merger of General Electric and Honeywell in part because of fears about the past and future effect on competition of GE's aircraft leasing arm, GECAS. It argued that in the past GECAS had skewed aircraft engine sales toward GE in a way that...