研討日期

2020831日上午10:20~ 12:30

研討地點

國立臺灣大學710討論室

主講題目

Title of the paper

Non-Discriminatory Pricing, Partial Backward Ownership, and Entry Deterrence

作者

Authors of the paper

Matthias Hunold

文獻出處

Journal, vol.(issue), pp

International Journal of Industrial Organization 70 (2020) 102615

主講人

王佳琪

參加人員

王佳琪、王光正、林燕淑、施全、梁文榮、張瑞雲、彭正浩、黃鴻、林虢楙、洪珮瑜、許雅媚、周宗翰、陳彥勳、Bui Dang Long、許至乙

摘要

Abstract of the paper

This article demonstrates that entry deterrence can occur when downstream incumbents hold non-controlling ownership shares of a supplier that does not price-discriminate. Such backward ownership implies a rebate on the input price for the incumbents and a competitive disadvantage for downstream entrants. An industry can use non-controlling ownership to change the pricing of a supplier in a way that appears to be accommodating but in fact deters entry. The supplier benefits from an obligation or a commitment to supply the customers under equal terms, as this induces profitable sales of ownership stakes to incumbent downstream firms.