We consider a nonlinear pricing problem faced by a dominant firm which competes with a capacity-constrained minor firm for a downstream buyer who may purchase the product from the firms under complete information. Specifically, we analyze a three-stage game in which the dominant firm offers a...

In this paper, we analyze a recent antitrust case of abuse of dominance decided by a Chinese administrative enforcement agency under China’s Anti-Monopoly Law (“AML”). A key issue in this case involves the impact of loyalty rebate programs used by a dominant firm. We provide an overview of...

China's Anti-Monopoly Law (AML) sets forth the country's antitrust enforcement policies. We investigate what welfare standard the AML seeks to maximize by examining both its stated language and, via revealed preference, the antitrust actions taken by the Anti-Monopoly Enforcement Authority