Buyer power in international markets

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Buyer Power in International Markets1

This paper investigates the implications for international markets of the existence of retailers/wholesalers with market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail market concentration. Due to this concentration retail prices may be higher and welfare may be lower in free trade than in autarky, thus reversing the standard e¤e...

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Buyer-Seller Relationships in Business Markets

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ژورنال

عنوان ژورنال: Journal of International Economics

سال: 2009

ISSN: 0022-1996

DOI: 10.1016/j.jinteco.2009.08.006