Vertical restraints and competition policy
Waterson, Michael and Dobson, Paul (1996) Vertical restraints and competition policy. London: Office of Fair Trading. (Office of Fair Trading Research Paper).
WRAP_Waterson_oft177.pdf - Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
Official URL: http://www.oft.gov.uk/shared_oft/reports/comp_poli...
This report considers the private and social welfare effects of vertical restraints - whereby contractual arrangements between suppliers (manufacturers) and distributors (retailers) extend beyond simple arms-length pricing. It seeks to synthesise and extend existing theory on vertical restraints, so as to identify the conditions where detrimental effects are likely to dominate benign social welfare effects, and vice versa, with the aim of developing a practical framework for the analysis of vertical restraints.
|Subjects:||H Social Sciences > HC Economic History and Conditions|
|Divisions:||Faculty of Social Sciences > Economics|
|Library of Congress Subject Headings (LCSH):||Price regulation -- Great Britain, Restraint of trade -- Great Britain, Supply chain management|
|Series Name:||Office of Fair Trading Research Paper|
|Publisher:||Office of Fair Trading|
|Place of Publication:||London|
|Number of Pages:||81|
|Status:||Not Peer Reviewed|
|Access rights to Published version:||Open Access|
|Copyright Holders:||Crown copyright|
Aghion, P. and Bolton, P. (1987). Contracts as a Barrier to Entry". American Economic Review, Vol. 77, pp. 388-401.
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