排他性交易的需求提升理论

The demand‐boost theory of exclusive dealing

RAND Journal of Economics · 2020
被引 30
人大 AFT50ABS 4

中文导读

统一了排他性交易的不同分析视角,发现当企业定价偏离效率、边际价格高于边际成本时,具有竞争优势的主导企业可通过排他性合同直接获利并损害竞争,对反垄断政策有启示。

Abstract

Abstract This article unifies various approaches to the analysis of exclusive dealing that so far have been regarded as distinct. The common element of these approaches is that firms depart from efficient pricing, raising marginal prices above marginal costs. We show that with distorted prices, exclusive dealing can be directly profitable and anticompetitive provided that the dominant firm enjoys a competitive advantage over rivals. The dominant firm gains directly, rather than in the future, or in adjacent markets, thanks to the boost in demand it enjoys when buyers sign exclusive contracts. We discuss the implication of the theory for antitrust policy.

独家交易需求提升理论反竞争效应反垄断政策