VERTICAL RESTRAINTS A COMMENT ON IACOBUCCI-WINTER AND FLETCHER-HVIID
Fletcher and Hviid then argue that a Retail MFN is effectively RPM-plus, where the plus is the horizontal element of the RPM. Since this horizontal element is the one driving (most of) the anticompetitive effects of RPM and is not (strictly) required to generate some of its possible efficiencies, th...
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Published in | Antitrust law journal Vol. 81; no. 1; pp. 99 - 110 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Chicago
American Bar Association Section of Antitrust Law
01.01.2016
American Bar Association |
Subjects | |
Online Access | Get full text |
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Summary: | Fletcher and Hviid then argue that a Retail MFN is effectively RPM-plus, where the plus is the horizontal element of the RPM. Since this horizontal element is the one driving (most of) the anticompetitive effects of RPM and is not (strictly) required to generate some of its possible efficiencies, they maintain that Retail MFNs should be regarded as RPM "at its worst. In the new equilibrium consumers are worse off by definition. [...]a competition authority that cares about consumer welfare should welcome a new contractual arrangement that limits the adoption of the new technology. |
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ISSN: | 0003-6056 2326-9774 |