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Competitive effects of resale price maintenance through inventory : evidence from publishing industry
Kawaguchi, Kohei; Qiu, Yin Jia; Zhang, Yi - 2022
This paper examines the competitive effects of resale price maintenance (RPM) through inventory decisions under demand uncertainty. We focus on the Japanese publishing industry where RPM is allowed. We develop and estimate a model of RPM in which price and inventory are determined before demand...
Persistent link: https://www.econbiz.de/10013464471
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How Resale Price Maintenance and Loss Leading affect Upstream Cartel Stability : Anatomy of a Coffee Cartel
Rickert, Dennis; Holler, Emanuel - 2022
We study empirically the price effects of upstream cartels that sell through downstream retailers to final consumers. We focus on a German coffee producer cartel that colluded under two different regimes: (i) involving wholesale prices in 2003 and (ii) with additional resale price maintenance...
Persistent link: https://www.econbiz.de/10014080999
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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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Resale Price Maintenance in EC Competition Law : The Need for a Standardised Approach
van Doorn, Frederik - 2009
The paper addresses the paradox that, although it is generally recognised among economists that minimum and fixed resale price maintenance can have both positive and negative effects on consumer welfare, the current approach under EC competition law can still be characterised as a de facto per...
Persistent link: https://www.econbiz.de/10013155036
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Manufacturer cartels and resale price maintenance
Hunold, Matthias; Muthers, Johannes - 2020
We provide a theory of how RPM facilitate upstream cartels absent any information asymmetries using a model with … manufacturers if they collude. We thus provide a novel theory of harm for resale price maintenance when manufacturers collude and … illustrate the fit of this theory in various competition policy cases. …
Persistent link: https://www.econbiz.de/10012438202
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Manufacturer carterls and resale price maintenance
Hunold, Matthias; Muthers, Johannes - 2020
We provide a theory of how RPM facilitate upstream cartels absent any information asymmetries using a model with … manufacturers if they collude. We thus provide a novel theory of harm for resale price maintenance when manufacturers collude and … illustrate the fit of this theory in various competition policy cases. …
Persistent link: https://www.econbiz.de/10012201242
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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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Resale price maintenance in a successive monopoly model
Dertwinkel-Kalt, Markus; Wey, Christian - 2023
We present a model to explain why a manufacturer may impose a minimum resale price (min RPM) in a successive monopoly setting. Our argument relies on the retailer having non-contractible choice variables, which could represent the price of a substitute good and/or the effort the retailer exerts...
Persistent link: https://www.econbiz.de/10013539548
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Resale Price Maintenance : The Internet Phenomenon and 'Free Rider' Issues
Lao, Marina - 2014
Leegin and the literature on resale price maintenance (RPM) have largely overlooked the Internet phenomenon despite the fact that it has substantially changed the way many consumers shop. This paper looks at the characteristics of Internet retailing and explores how they may affect the free...
Persistent link: https://www.econbiz.de/10014197444
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Internet Retailing and ‘Free Riding’ : A Post-Leegin Antitrust Analysis
Lao, Marina - 2014
This article is adapted for the Journal of Internet Law from a more in-depth article that the author has published: Resale Price Maintenance: The Internet Phenomenon and Free Rider Issues, 55 Antitrust Bulletin 473 (2010). It examines the characteristics of the Internet, online retailing, and...
Persistent link: https://www.econbiz.de/10014187072