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Title:How to deal with resale price maintenance: What can we learn from empirical results? PDF Logo
Authors:Kretschmer, Jürgen-Peter
Issue Date:2011
Series/Report no.:Joint discussion paper series in economics 16-2011
Abstract:The US Supreme Court's overruling of the pre-existing per se illegality of resale price maintenance and the recommendation of a rule of reason approach in the Leegin decision (2007), raise the question whether other jurisdictions should follow this approach and what future assessments of resale price maintenance cases should look like. Policy decisions have to rely on the importance of various theories concerning welfare effects of resale price maintenance practises, which must be supported by empirical studies. Unfortunately, not much attention has been paid to this topic by researchers. Nevertheless, the few existing empirical studies allow for the analysis and discussion of existing assessment proposals. Furthermore, the paper derives a new recommended assessment procedure for resale price maintenance from a special point of view by combining empirical results with the decision-theoretic approach of optimal sequential investigation rules.
Subjects:antitrust law
law enforcement
resale price maintenance
decision-making
JEL:K21
K40
L42
D81
Document Type:Working Paper
Appears in Collections:MAGKS Joint Discussion Paper Series in Economics, Universität Marburg

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