/or exclusive territories with their distributors. We employ a panel data set of manufacturing firms (from 1990 to 2005) that … territories. Our results show that the likelihood of imposing exclusive dealing and/or exclusive territories varies widely by … industry and that small size greatly reduces the likelihood of imposing exclusive dealing (but not exclusive territories). The …

This paper highlights the rationale for exclusive territories in a model of repeated interaction between competing … supply chains. We show that with observable contracts exclusive territories have two countervailing effects on manufacturers … profitable. Second, exclusive territories stifle deviation profits because retailers of competing brands can adjust their pricing …

vertical restraint, namely, exclusive territories (ET). During the past three decades the U.S. Supreme Court has reinterpreted …

restraint (exclusive territories). Contrary to standard results we find that royalties are superior to fees. Once the licensor …