Based on evidence of price-fixing, the Competition Bureau targeted in May of 2006 retail gasoline outlets in some local markets in the province of Quebec. In June 2008, criminal charges were laid against many individuals and companies operating in those local markets. We employ a...

This paper shows that buying power at the retail level can lead to a rise in wholesale price. As a result, retailers without buying power may increase their retail price. Nevertheless, total surplus is non-decreasing in the degree of buying power possessed by the 'dominant' retailer

We examine a merger between a national retailer and a local retailer who is a member of a buyer group. While the traditional literature on mergers assumes an oligopolistic industry (where the merger takes place) supplied by a perfectly competitive one, we assume here that retailers obtain their...

We examine how investment possibilities by licensees and nonlicensees affect the two-part licensing contracts offered by an innovator not participating in a homogeneous good oligopolistic market. By undertaking some investments after the decision to accept or reject the licensing contract,...