Boutin, Xavier; BISCOURP, P.; VERGÉ, T. - Département des Études Économiques d'Ensemble (D3E), … - 2008
In 1997, a new legislation banning below-invoice retail prices came into force in France. Individually negotiated discounts could no longer be passed on to consumers, which is equivalent to allowing industry-wide price oors. The anti-competitive effects of such practices are well-known. The...