登入選單

返回Google圖書搜尋

Resale Price Maintenance in a Successive Monopoly Model

Markus Dertwinkel-KaltChristian Wey

出版	Heinrich-Heine-University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE), 2023
ISBN	38630439449783863043940
URL	http://books.google.com.hk/books?id=AkmyzwEACAAJ&hl=&source=gbs_api

註釋

We present a model to explain why a manufacturer may impose a minimum resale price (min RPM) in a successive monopoly setting. Our argument relies on the retailer having non-contractible choice variables, which could represent the price of a substitute good and/or the effort the retailer exerts for service provision or advertising. Our explanation for a min RPM is empirically distinguishable from alternative justifications for a min RPM that rely, for instance, on retailer competition and service free riding among retailers. Whether a min RPM benefits or harms consumers depends on-as we show-why a min RPM is implemented: if the goal is to soften competition with the substitute product, it tends to harm consumers, and if the goal is to secure service provision, it tends to benefit consumers.