1 online resource (xxvi, 351 pages) ; cm.
New horizons in competition law and economics. Elgaronline.
Theoretical discussions among competition lawyers and economists on the approach to Resale Price Maintenance (RPM) and Vertical Territorial Restrictions (VTR) have often caused controversy. However, commentators agree that there is a lack of comprehensive study surrounding the topic. This book explores these two forms of anticompetitive conduct from legal, historical, economical, and theoretical points of view, focusing on the EU and US experiences. The author expertly goes beyond the current legal practice to explain, among other things, what approach should apply to RPM and VTR, and why RPM and VTR are introduced in situations where procompetitive theories would not make economic sense, or do not apply in practice. The book takes account of economic values, such as efficiency and welfare, as well as other values, such as freedom, fairness and free competition. Scholars and students of law will find the book's depth of legal, economic and historical analysis to be a rich contribution to the scholarship. This book will also be of use to EU and US practitioners, and enforcers dealing with RPM and VTR cases.
Bibliography, etc. Note
Includes bibliographical references (pages 325-344) and index.
Formatted Contents Note
1. Introduction 2. Distribution and competition 3. US development, case studies and summaries 4. EU development, case studies and summaries 5. Theories and impacts of RPM and VTR on competition 6. Jurisprudential arguments and the economic concept of RPM and VTR 7. Conclusion.