Manufacturer Collusion and Resale Price Maintenance*

IF 16.4 1区 化学 Q1 CHEMISTRY, MULTIDISCIPLINARY
Matthias Hunold, Johannes Muthers
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引用次数: 0

Abstract

We provide a novel theory of harm for resale price maintenance (RPM). In a model with two manufacturers and two retailers, we show that RPM facilitates manufacturer collusion when retailers have alternatives to selling a manufacturer's product. Because of the alternatives, manufacturers can only ensure that retailers sell their products by leaving sufficient retail margins. This restricts the wholesale price level even when the manufacturers collude. RPM allows colluding manufacturers to establish higher prices.

制造商合谋和维持转售价格*
我们为转售价格维护(RPM)提供了一种新颖的危害理论。在一个有两家制造商和两家零售商的模型中,我们表明,当零售商有销售制造商产品的替代品时,转售价格维持机制会助长制造商的合谋行为。由于存在其他选择,制造商只能通过留出足够的零售利润来确保零售商销售其产品。这就限制了批发价格水平,即使在制造商合谋的情况下也是如此。RPM 允许串通的制造商制定更高的价格。
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来源期刊
Accounts of Chemical Research
Accounts of Chemical Research 化学-化学综合
CiteScore
31.40
自引率
1.10%
发文量
312
审稿时长
2 months
期刊介绍: Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.
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