On Vertical Restraints and the Law: A Note

This note questions the contention in recent work by Mathewson and Winter that resale price maintenance can be mimicked in its effects by other vertical restraints. I argue that territorial restraints may be of little use as a substitute for price restraints, but that they may have other beneficial effects from the manufacturer's viewpoint. Evidence arising from the prohibition of resale price maintenance in the United Kingdom supports the view developed here.

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Year of publication:	1988
Authors:	Waterson, Michael
Published in:	RAND Journal of Economics. - The RAND Corporation, ISSN 0741-6261. - Vol. 19.1988, 2, p. 293-297
Publisher:	The RAND Corporation

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005170801