Resale price maintenance and antitrust policy

Antony Dnes

Applied Economics Letters, 1996, vol. 3, issue 2, 107-108

Abstract: Blair and Fesmire (Southern Economic Journal, June 1994, pp. 1043-1046) argue for the treatment of resale price maintenance (RPM) with a rule-of-reason approach, based on a welfare comparison in which changes in consumer surplus may outweigh gains in producer surplus from RPM. The welfare analysis of RPM is extended by recognizing limitations on the incentive for expenditure on service provision.

Date: 1996
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DOI: 10.1080/135048596356807

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