Extra reading Flashcards
1
Q
What are the extra readings for IE?
A
- Barton 1984 Supra Xidox
- Rey 1988 VR PO, Franchise arbitrage, VR effective monopoly
- Norman 2005 Synergies, rises less likely, brand removal
- Werden 2006 internalisation, NE
- Levenstein 2012 5-8, legal case business cycle
2
Q
Barton84
A
- Supracomp
- Xidox
3
Q
Rey88
A
- VR always privately optimal
- Franchise fees stop arbitrage
- VR Exclusive terr. used to lower effective comp
4
Q
Norman05
A
- Cost synergies justification
- Price rises less likely due to efficiency
- Removal of brand under higher k results in dampening
- Removal of product often follows merger
5
Q
Werden06
A
- Internalisation of competition
- Capture xped
- Effects unilateral because NE
6
Q
Levenstein 2012
A
- Cartels 5-8 years
- Legal case empirical
- Business cycle
- Price announcements different times
7
Q
What are the 4 types of price rises (Levenstein 2012)
A
- Agree not to undercut
- Target price
- Minimum price
- % increase to limit sector declines
