Abstract:
The Paper Investigates Why, Under Supply Control by Marketing Board, Production Quotas Originally Given to Downstream Producers May Ultimately End Up in the Hands of the Latters' Upstream Suppliers Who Will Lease Them Back to Their Original Owners. a Link Between the Extent of Leasing and the Price of Quotas Is Established. Finally a Rationale Is Provided Explaining Why Such Leasing Contracts Contain Tying and Exclusivity Clauses.