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Exclusive Dealing, the Theory of the Firm, and Raising Rivals' Costs : Toward a New Synthesis

Meese, Alan J. - 2008

For several decades antitrust courts were extremely hostile to exclusive dealing agreements, banning such contracts … characterized antitrust's attitude toward exclusive dealing contracts. Raising Rivals'Costs (RRC) theory, it is shown, filled the …. Those who embrace a purchaser welfare approach to antitrust have not explained how courts should go about balancing the …

Persistent link: https://www.econbiz.de/10014056614

Price and Non-Price Restraints When Retailers are Vertically Differentiated

Spiegel, Yossi; Yehezkel, Yaron - 2000

We consider vertical restraints in the context of an intrabrand competition model in which a single manufacturer deals with two vertically differentiated retailers. We establish two main results. First, if the market cannot be vertically segmented and the cost difference between the two...

Persistent link: https://www.econbiz.de/10014151348

Happily ever after? - vertical and horizontal mergers in the U.S. media industry

Stöhr, Annika; Noskova, Victoriia; Kunz-Kaltenhäuser, … - 2019

? (iii) What are implications for antitrust policy? We conclude from our analysis that in the already highly horizontally …

Persistent link: https://www.econbiz.de/10012011207

Chapter 33 A Primer on Foreclosure

Rey, Patrick; Tirole, Jean - In: Handbook of industrial organization : volume 3, (pp. 2145-2220). 2007

This chapter analyzes the private rationale and the social costs and benefits of market foreclosure, here defined as a firm's restriction of output in one market through the use of market power in another market. The chapter first focuses on vertical foreclosure (in which full access to a...

Persistent link: https://www.econbiz.de/10014024583

Market Power in Franchise Cases in the Wake of Kodak : Applying Post-Contract Hold Up Analysis to Vertical Relationships

Klein, Benjamin - 2011

This paper was originally published in the Antitrust Law Journal without an abstract …

Persistent link: https://www.econbiz.de/10013133119

The Meaning of Vertical Agreement and the Structure of Competition Law

Kaplow, Louis - 2016

Competition law's vertical agreement requirement is widely regarded to be perplexing and to offer a fairly limited unilateral action defense. These views prove to be understated. The underlying distinction is incoherent on a number of levels and difficult to reconcile with pertinent statutes,...

Persistent link: https://www.econbiz.de/10012992585

Vertical Restraints Facilitating Horizontal Collusion : 'Stretching' Agreement in a Comparative Approach

Lubambo, Murilo - 2015

This article discusses the approaches of the European Union (EU) and of the United States (US) to the notions of agreement and concerted practice applied to horizontal collusive consequences of vertical restraints. I conclude that networks of vertical restraints blur the differences between...

Persistent link: https://www.econbiz.de/10014136313

Vertical Restraints after Generics and Budapest Bank

Ibáñez Colomo, Pablo - 2020

This paper considers the implications of Generics and Budapest Bank for the legal treatment of vertical restraints (in particular in the context of the ongoing review of the Block Exemption Regulation). The analysis focuses on two of the main justifications for vertical restraints, namely brand...

Persistent link: https://www.econbiz.de/10014094200

Retail Competition Percolating Through to Suppliers and the Use of Vertical Integration, Tying and Vertical Restraints to Stop it

Gilo, David - 2008

antitrust concerns are raised when the supplier is contractually bound to enforce minimum resale prices or exclusive dealerships …

Persistent link: https://www.econbiz.de/10014117838

Supplier fixed costs and retail market monopolization

Caprice, Stéphane; Schlippenbach, Vanessa von; Wey, … - 2014

Considering a vertical structure with perfectly competitive upstream firms that deliver a homogenous good to a differentiated retail duopoly, we show that upstream fixed costs may help to monopolize the downstream market. We find that downstream prices increase in upstream firms' fixed costs...

Persistent link: https://www.econbiz.de/10010417595