研討日期

2021517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

On the competition enhancing effects of exclusive dealing contracts

作者

Authors of the paper

Linda Gratz and Markus Reisinger

文獻出處

Journal, vol.(issue), pp

International Journal of Industrial Organization 31 (2013) 429–437

主講人

Damiana Simanjuntak

參加人員

Damiana SimanjuntakDong Van Chung、張瑞雲、黃鴻、林燕淑、王羿傑、丁虹仁、施全、蘇婷、高國峯、Beny Trias Oktora、陳彥勲

摘要

Abstract of the paper

Antitrust scholars have argued that exclusive contracts have anticompetitive, or at best neutral effects, if no efficiencies are generated. In contrast, this paper shows that exclusive contracts can have procompetitive effects, provided buyers are imperfect downstream competitors and contract breach is feasible. In that case, an efficient entrant is not necessarily foreclosed through exclusive contracts but induces buyers to breach. Because breaching buyers have to pay expectation damages to the incumbent, the downstream profits they obtain when breaching must be large enough. Therefore, the entrant needs to set a lower wholesale price than absent exclusive contracts, leading to lower final consumer prices and higher welfare.