Stratégies de revente à perte et réglementation
AbstractWe study price competition on a homogenous good market between a hypermarket and a small shop. The hypermarket also offers another independent product whereas the small shop is assumed to be geographically closer to consumers. We show the existence of an equilibrium where the hypermarket resells at a loss the good that the small shop does not offer. A loss leader banning law may in such a context lower consumers'surplus. We further explore some implications concerning French regulation by competition authorities.
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Bibliographic InfoArticle provided by ENSAE in its journal Annals of Economics and Statistics.
Volume (Year): (2005)
Issue (Month): 77 ()
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- Marie-Laure Allain & Claire Chambolle, 2007.
"Loss leaders banning laws as vertical restraints,"
- Allain Marie-Laure & Chambolle Claire, 2005. "Loss-Leaders Banning Laws as Vertical Restraints," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 3(1), pages 1-25, February.
- Zhijun Chen & Patrick Rey, 2010.
"Loss Leading as an Exploitative Practice,"
- Rey, Patrick & Chen, Zhijun, 2010. "Loss Leading as an Exploitative Practice," TSE Working Papers 10-218, Toulouse School of Economics (TSE), revised Dec 2011.
- Rey, Patrick & Chen, Zhijun, 2010. "Loss Leading as an Exploitative Practice," IDEI Working Papers 658, Institut d'Économie Industrielle (IDEI), Toulouse, revised Dec 2011.
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