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This article presents an expanded economic analysis of the potential procompetitive purposes served by exclusive dealing. Using examples taken from important antitrust cases, exclusive dealing is shown to be an efficient element in the arrangements manufacturers adopt with their dealers to...
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The Supreme Court in State Oil Company v. Khan focused on the control of "successive monopoly" problems as the sole pro-competitive rationale for maximum vertical resale price maintenance. This article shows that the circumstances that lead a manufacturer to use maximum resale price maintenance...
Persistent link: https://www.econbiz.de/10014192106
Resale price maintenance need not be economically justified by the prevention of free-riding. Consistent with business realities, point-of-sale retailer promotional efforts often have a significant effect on consumer demand for a manufacturer’s products; and manufacturers often use resale...
Persistent link: https://www.econbiz.de/10014192644