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Predatory exclusive dealing
Klein, Joachim; Zenger, Hans - 2009
While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if...
Persistent link: https://www.econbiz.de/10003951748
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Predatory Exclusive Dealing
Klein, Joachim; Zenger, Hans - 2009
While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if...
Persistent link: https://www.econbiz.de/10010427547
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Chapter 15 Antitrust
Kaplow, Louis; Shapiro, Carl - In: Handbook of law and economics : volume 2, (pp. 1073-1225). 2007
This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition policy. We address four core subject areas: market power, collusion, mergers between competitors, and monopolization. In each area, we select the most relevant portions of...
Persistent link: https://www.econbiz.de/10014023495
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The Antitrust Treatment of Loyalty Discounts and Rebates in the EU Competition Law: In Search of an Economic Approach and a Theory of Consumer Harm
Samà, Danilo - Volkswirtschaftliche Fakultät, … - 2012
In the paper, the fundamental question is under what conditions loyalty discounts and rebates adopted by a dominant firm cause anti-competitive effects. Fidelity schemes, although extremely frequent in the market, if applied by a dominant firm, are likely to be judged as illegal per se, as...
Persistent link: https://www.econbiz.de/10011109240
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Parallel Exclusion
Hemphill, C. Scott - 2015
Scholars and courts have long debated whether and when "parallel pricing" — adoption of the same price by every firm in a market — should be considered a violation of antitrust law. But there has been a comparative neglect of the importance of "parallel exclusion" — conduct, engaged in by...
Persistent link: https://www.econbiz.de/10013037324
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Antitrust Analysis of Tying Arrangements and Exclusive Dealing
Abbott, Alden F.; Wright, Joshua D. - 2008
This chapter surveys the legal and economic literatures on the antitrust analysis of tying arrangements and exclusive dealing contracts. We review the analytical framework applied under U.S. antitrust law to tying, bundling and exclusive dealing arrangements as well as the existing theoretical...
Persistent link: https://www.econbiz.de/10014217373
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The Law and Economics of Predatory Pricing
Kobayashi, Bruce H. - 2008
emphasizing strategic theory has shown that predation can be rational, and empirical studies have presented evidence consistent … with successful predation. In this sense, the economics of predatory pricing has moved closer to other areas of … assumption that successful predation was rare, has remained relatively intact. While the recent economic literature may have …
Persistent link: https://www.econbiz.de/10014216880
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Bundled Rebates as Exclusionary, Not Predatory
Brennan, Tim - 2007
, should be treated like predation cases. Analyses supporting this perspective err in treating the buyers as end users rather …
Persistent link: https://www.econbiz.de/10014026040
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On the Use of Price-Cost Tests in Loyalty Discounts and Exclusive Dealing Arrangements : Which Implications from Economic Theory?
Fumagalli, Chiara - 2016
argue that economics alone does not justify applying a price-cost test to predation but not to loyalty discounts. Still, the …
Persistent link: https://www.econbiz.de/10012981331
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Exclusive contracts with complementary inputs
Kitamura, Hiroshi; Matsushima, Noriaki; Sato, Misato - 2015
This study constructs a model of anticompetitive exclusive contracts in the presence of complementary inputs. A downstream firm transforms multiple complementary inputs into final products. When complementary input suppliers have market power, upstream competition within a given input market...
Persistent link: https://www.econbiz.de/10011421490