研討日期

20221031 中午12:30~ 13:50

研討地點

國立臺灣大學社會科學院710會議室

主講題目

Title of the paper

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

作者

Authors of the paper

MatthiasHunold

文獻出處

Journal, vol.(issue), pp

International Journal of Industrial Organization

Volume 70, May 2020, 102615

主講人

林燕淑

參加人員

林燕淑、王光正、高國峯、張瑞雲、黃鴻、郭文忠、鍾嘒陵、吳世傑、

蘇家睿、許至乙、Suttiwan SuwannajoiLatasha Barshilia Manuel-Milan Ramsler

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.