Akman, P and Sokol, DD (2017) Online RPM and MFN under Antitrust Law and Economics. Review of Industrial Organization, 50 (2). pp. 133-151. ISSN 0889-938X
Abstract
The legal framing of a firm’s pricing strategy can determine whether it constitutes online resale price maintenance (RPM) or online most favored nation (MFN). Together, cases that involve online RPM and MFN can be viewed as a natural experiment of how antitrust economics and law may adapt to an online world. Thus far, legal theories that have been inconsistent with economic theories have dictated enforcement across jurisdictions, which has led to confusion that thwarts potentially efficient business practices. This paper distinguishes issues of online RPM from traditional RPM and online RPM from online MFN. We apply the economics learning to RPM and analyze the antitrust cases of online RPM and MFN to date in the United States, Europe, and Australia. Finally, we offer policy recommendations that reduce the confusion in current legal doctrine.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | © Springer Science+Business Media New York 2016. This is an author produced version of a paper published in Review of Industrial Organization. Uploaded in accordance with the publisher's self-archiving policy. The final publication is available at Springer via https://doi.org/10.1007/s11151-016-9560-x |
Keywords: | Antitrust; Competition law; Economics; Most favored nation; MFN; Resale price maintenance; RPM |
Dates: |
|
Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Education, Social Sciences and Law (Leeds) > School of Law (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 04 Jan 2017 10:58 |
Last Modified: | 28 Dec 2017 01:38 |
Published Version: | https://doi.org/10.1007/s11151-016-9560-x |
Status: | Published |
Publisher: | Springer Verlag |
Identification Number: | 10.1007/s11151-016-9560-x |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:110011 |