Margin Squeeze: An Above-Cost Predatory Pricing Approach
Margin Squeeze: An Above-Cost Predatory Pricing Approach
复制标题
利润挤压:一种高于成本的掠夺性定价方法
DOI:
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发表时间:
2016
期刊:
影响因子:
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通讯作者:
Despoina Mantzari
中科院分区:
文献类型:
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作者:
Germain Gaudin;Despoina Mantzari
We provide a new legal perspective for the antitrust analysis of margin squeeze conducts. Building on recent economic analysis, we explain why margin squeeze conducts should solely be evaluated under adjusted predatory pricing standards. The adjustment corresponds to an increase in the cost benchmark used in the predatory pricing test by including opportunity costs due to missed upstream sales. This can reduce both the risks of false-positives and false-negatives in margin squeeze cases. We justify this approach by explaining why classic arguments against above-cost predatory pricing typically do not hold in vertical structures where margin squeezes take place and by presenting case law evidence supporting this adjustment. Our approach can help to reconcile the divergent US and EU antitrust stances on margin squeeze.
影响因子:
2
作者:
Miguel A. Fonseca;Hans-Theo Normann
通讯作者:
Miguel A. Fonseca;Hans-Theo Normann