We provide an explanation for a frequently observed vertical restraint in ecommerce, namely that brand manufacturers partially or completely prohibit that retailers distribute their high-quality products over the internet. Our analysis is based on the assumption that a consumer’s purchasing...

We provide an explanation for a frequently observed vertical restraint in ecommerce, namely that brand manufacturers partially or completely prohibit that retailers distribute their high-quality products over the internet. Our analysis is based on the assumption that a consumer's purchasing...

Broadband is treated differently from other IT industries when it comes to competition policy: competition in the rest of the IT sector is subject to scrutiny under antitrust laws, while broadband is regulated by the Federal Communications Commission. But there is no basis for this asymmetric...