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- W2000355451 abstract "This paper constructs a model of anticompetitive exclusive dealing in the presence of multiple entrants. Unlike the single-entrant model in previous literature, an entrant competes not only with the incumbent to deal with buyers but also with other entrants. The competition among entrants then serves as a commitment such that low wholesale prices are offered to buyers when they deviate from exclusive contracts. We argue that this commitment effect becomes a barrier to exclusive dealing and that the results differ drastically from the predictions of the single-entrant framework." @default.
- W2000355451 created "2016-06-24" @default.
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- W2000355451 date "2009-05-19" @default.
- W2000355451 modified "2023-09-22" @default.
- W2000355451 title "Exclusionary Vertical Contracts with Multiple Entrants" @default.
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