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How Loyalty Discounts Can Perversely Discourage Discounting : Comment
Eilat, Assaf - 2010
In his recent paper entitled “How Loyalty Discounts Can Perversely Discourage Discounting,” Professor Einer Elhauge …
Persistent link: https://www.econbiz.de/10013147399
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How Loyalty Discounts Can Perversely Discourage Discounting
Elhauge, Einer - 2010
, not only because they can impair rival efficiency, but because loyalty discounts perversely discourage discounting even …
Persistent link: https://www.econbiz.de/10014214309
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Robust Exclusion through Loyalty Discounts with Buyer Commitment
Elhauge, Einer; Wickelgren, Abraham L. - 2012
We show that loyalty discounts with buyer commitments create anticompetitive effects beyond those possible with pure exclusive dealing. The loyalty discount adds a seller commitment to maintain a distinction between the loyal and disloyal price. This seller commitment reduces the seller's...
Persistent link: https://www.econbiz.de/10014167004
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Tying, Bundling, and Loyalty/Requirement Rebates
Economides, Nicholas - 2011
show that the Chicago School Theory of a single monopoly surplus that justifies tying, bundling, and loyalty …
Persistent link: https://www.econbiz.de/10014187801
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The Welfare Effects of Metering Ties
Elhauge, Einer - 2017
Critics of current tying doctrine argue that metering ties can increase consumer welfare and total welfare without increasing output and that they generally increase both welfare measures. Contrary to those claims, we prove that metering ties always lower consumer welfare and total welfare...
Persistent link: https://www.econbiz.de/10012971898
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The Failed Resurrection of the Single Monopoly Profit Theory
Elhauge, Einer - 2010
Various arguments attempting to resurrect the single monopoly profit theory of tying have been made, but none are … successful. The Seabright claim that it is supported by a lack of empirical proof fails because the single monopoly profit theory … is an impossibility theory, and my recommended exception applies to whatever empirical extent the necessary conditions …
Persistent link: https://www.econbiz.de/10014198073
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Tying, Bundled Discounts, and the Death of the Single Monopoly Profit Theory
Elhauge, Einer - 2009
Chicago School theorists have argued that tying cannot create anticompetitive effects because there is only a single monopoly profit. Some Harvard School theorists have argued that tying doctrine’s quasi-per se rule is misguided because tying cannot create anticompetitive effects without...
Persistent link: https://www.econbiz.de/10014210407
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Collusion by Blockchain and Smart Contracts
Schrepel, Thibault - 2020
Blockchain may transform transactions the same way the Internet altered the dissemination and nature of information. If that were to be the case, all relationships between companies would change, including prohibited ones such as collusive agreements. For that reason, the stakes are crucial and...
Persistent link: https://www.econbiz.de/10012850433
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Antitrust Policy for Two-Sided Markets
Hovenkamp, Erik - 2018
As technology and interconnectivity have continued to flourish, so too has an important and complex form of enterprise: the platform. Services like Uber, Google Search, Hulu, and American Express cater to distinct but deeply-interdependent “sides” of customers that derive value or revenues...
Persistent link: https://www.econbiz.de/10012927817
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Appropriate Liability Rules for Tying and Bundled Discounting
Lambert, Thomas A. - 2011
Profit Theory, 123 Harv. L. Rev. 397 (Dec. 2009), contests two propositions on which efficiency-minded antitrust scholars … efficiencies. With respect to bundled discounting, the Article shows that Elhauge’s proposed liability rule is both inapposite to …
Persistent link: https://www.econbiz.de/10014185177