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Competition policy and vertical exchange

Author: G Frank Mathewson; Ralph Albert Winter
Publisher: Toronto ; Buffalo : University of Toronto Press, ©1985.
Series: Collected research studies, vol. 7.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"The purpose of this study is to analyze vertical restraints in distribution and ultimately to delineate policy guidelines and assess Canadian competition policy on restricted distribution in light of recent economic analysis of these restraints and developments in policy in Britain and the United States. In contrast to the U.S. trend towards a more liberal policy on vertical restrictions, Canada's competition law  Read more...
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Additional Physical Format: Online version:
Mathewson, G. Frank, 1942-
Competition policy and vertical exchange.
Toronto ; Buffalo : University of Toronto Press, ©1985
(OCoLC)564093789
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: G Frank Mathewson; Ralph Albert Winter
ISBN: 0802072488 9780802072481
OCLC Number: 13646942
Description: xvii, 119 pages : illustrations ; 23 cm.
Contents: Foreword --
Introduction --
Preface --
Acknowledgments --
Introduction --
Resale Price Maintenance (RPM) --
Legal Status --
United Kingdom --
United States --
Canada --
Economic Analysis of RPM --
Vertical Price Ceilings --
Resale Price Floors --
Vertical Price Floors and the Individual Manufacturer --
The Retailer Cartel Explanation of RPM --
The Manufacturer Cartel Explanation of RPM --
Policy Implications --
Canadian Cases on RPM --
Matsushita Electric (1981) --
H. D. Lee of Canada (1980) --
Levi-Strauss (1979) --
Electric Large Lamps (1976) --
Rolex (1978) --
Sunbeam Corporation (Canada) (1967) --
Theoretical Welfare Analysis of RPM --
Unrestrained Equilibrium --
Equilibrium Under RPM --
Territorial and Customer Restrictions --
Legal Status in the United Kingdom and the United States --
Economic Analysis --
Retailer Density --
Hold-ups in Vertical Contracts --
Warranty and Quality Free-Riding --
Price Discrimination by a Manufacturer --
Canada --
Conclusions --
Tied Sales --
Legal Status --
United Kingdom --
United States --
Economic Analysis of Tying --
Foreclosure --
Price Discrimination --
Other Explanations --
Tied Sale in Canada --
Institutional Facts --
Economic Analysis of a Canadian Case --
Contestable Markets and Tying (from Schmalensee 1982) --
Entry Barriers (Fixed Costs) and Tying --
Further Application of the Economic Analysis --
Exclusive Dealing --
Legal Status --
United Kingdom --
United States --
Canada --
The Economics of Exclusive Dealing --
Equilibrium Model of Exclusive Dealing --
Welfare Pseudo-Empirics --
Application of the Economic Analysis of ED --
Policy Implications and Conclusions --
Appendix: Retail Price Maintenance Fines and Prohibitions under Section 38 of the Combines Investigation Act --
Bibiliography.
Series Title: Collected research studies, vol. 7.
Responsibility: G. Frank Mathewson and Ralph A. Winter.

Abstract:

"The purpose of this study is to analyze vertical restraints in distribution and ultimately to delineate policy guidelines and assess Canadian competition policy on restricted distribution in light of recent economic analysis of these restraints and developments in policy in Britain and the United States. In contrast to the U.S. trend towards a more liberal policy on vertical restrictions, Canada's competition law has been and still remains oriented toward restrictions on conduct. Does Canada's current competition policy on vertical issues maximize economic efficiency?"--

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