Exclusive dealing and common agency in international markets
نویسندگان
چکیده
منابع مشابه
Predatory Exclusive Dealing Predatory Exclusive Dealing *
While the previous literature on exclusive dealing has been concerned with the question of how exclusive dealing can raise static profits, this paper analyzes the question of how exclusive dealing can be used to predate in a dynamic context. It is shown that exclusive dealing may arise even if it reduces static profits. Exclusivity provisions may not only allow excluding efficient competitors, ...
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Large retailers or distributors may exercise buyer power in their interactions with manufacturers in order to obtain preferential terms of sale. This paper explores the use of exclusive dealing arrangements by a monopoly retailer to win advantageous pricing from competing manufacturers of a differentiated product. When consumers’ brand preferences are weak and/or when one brand is preferred by ...
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This paper explores the ability of an incumbent to use introductory offers to dominate a market in the face of a more efficient rival when network effects rather than scale economies are present. Both in the case of one-sided and two sided markets, for introductory offers to be profitable when consumers can multihome, they need to be discriminatory and exclusive. In this setting, exclusivity as...
متن کاملAdverse Selection and Partial Exclusive Dealing
I reconcile a disagreement in the literature regarding the impact of downstream price competition on anticompetitive exclusive dealing, and then extend the exclusive dealing literature to accommodate adverse selection. Adverse selection expands the scope of inefficient exclusion, and may also explain policies of partial exclusion, in which an incumbent profits by locking up select retailers eve...
متن کاملExclusive Dealing as a Barrier and as a Catalyst to International Trade
This paper investigates the contractual choice between exclusive dealing and common agency in a simple international oligopoly model where producers are sold through retailers. We ...nd that exclusive dealing promotes trade and competition when the trade barrier is low, but acts as a barrier to entry when the trade barrier is high. Which contract is adopted in equilibrium is shown to depend on ...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2006
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2005.06.005