scholarly journals Competitive Price Discrimination: The Exercise of Market Power Without Anticompetitive Effects (Comment on Klein and Wiley)

Author(s):  
Jonathan B. Baker
2001 ◽  
Vol 32 (4) ◽  
pp. 579 ◽  
Author(s):  
Mark Armstrong ◽  
John Vickers

2021 ◽  
pp. 99-130
Author(s):  
Alejandro Pérez ◽  
Soto Domínguez ◽  
Katherine Flórez Pinilla

This paper analyzes from the Austrian School of Economics inte-llectual property patents, understood as a legislative mechanism to encourage entrepreneurial behavior that will lead to innovation and technological de-velopment. We take the case for patents in the pharmaceutical sector, in which we find empirical evidence corroborating the hypothesis of the school, through a theoretical analysis based on issues identified around the patent, such as price discrimination, research limited to certain pathologies, unlimited market power, barriers to national technological development, high costs of protection by the state. Key words: Action Incentives, Entrepreneurship, Patent Law, Economic Theory and Technological Innovation. JEL Classification: B53, L43, K11, K23. Resumen: El presente artículo tiene por objeto analizar desde el marco de la Escuela Austriaca la propiedad intelectual reflejada en las patentes, entendidas como un mecanismo del legislador para incentivar una conducta empresarial que impulse la innovación y el desarrollo tecnológico. Se tomó como caso las patentes en el sector farmacéutico, obteniendo a partir de éste evidencia empírica y la corroboración de las hipótesis de la escuela, por medio de un análisis teórico a la luz de los problemas identificados al-rededor de la patente, tales como: discriminación de precios, investigación parcializada en ciertas enfermedades, poder de mercado ilimitado, barreras al desarrollo tecnológico nacional, altos costos de protección por parte del Estado. Palabras clave: Incentivos de la Acción, Empresarialidad, Derecho de Paten-tes, Teoría Económica e Innovación Tecnológica. Clasificación JEL: B53, L43, K11, K23.


2019 ◽  
Author(s):  
Paul Belleflamme ◽  
Wing Man Wynne Lam ◽  
Wouter Vergote

Authentica ◽  
2020 ◽  
Vol 2 (2) ◽  
Author(s):  
Hangga Prajatama

In the business world, business competition or competence among business people in seizing the market is very reasonable. However, this becomes unnatural when the competition is carried out in an unfair manner, with the aim of preventing other business actors from competing (barrier to entry) or shutting down competitors' businesses. One form of anti unfair competition carried out by business actors in creating market power has been anticipated in Law Number 5 of 1999, namely the existence of price discrimination. The research method used is normative juridical, namely legal research that emphasizes the review of legal documents and library materials related to the subject matter. Based on the research that has been done, there is an Article that Regulates Regarding Price Discrimination in Law Number 5 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition, which is located in Article 6 which states that business actors are prohibited from making agreements that cause one buyer to pay a price that is different from the price that must be paid by other buyers for the same goods and / or services. and the Guidelines for the Business Competition Supervisory Commission on Implementation Provisions in Article 6 of Act Number 5 of 1999 concerning Prohibition of Monopolistic Practices and Unfair Business Competition.Keywords: Prohibition, Price Discrimination, Law No. 5 of 1999.


1994 ◽  
Vol 26 (2) ◽  
pp. 406-416 ◽  
Author(s):  
K. K. Yumkella ◽  
L. J. Unnevehr ◽  
P. Garcia

AbstractA “pricing to market” international trade model is applied to U.S. and Thai rice exports to high and middle income countries that are continuous rice importers. These markets are characterized by strong quality preferences and highly inelastic demand, and thus exporters may exercise market power. Evidence of noncompetitive pricing either through price discrimination across destinations or through imperfect exchange rate pass-through is found in this small but growing segment of the international rice trade.


2006 ◽  
Vol 35 (2) ◽  
pp. 221-238 ◽  
Author(s):  
Lan Li ◽  
Richard J. Sexton ◽  
Tian Xia

This paper examines grocery retailers' ability to influence prices charged to consumers and paid to suppliers. We discuss how retailer market power manifests itself in terms of pricing and marketing strategies by setting forth and offering evidence in support of eight “stylized facts” of retailer pricing and brand decisions. We argue that little, if any, of this behavior can be explained by a model of a competitive, price-taking retailer, but that most of the indicated behavior was also inconsistent with traditional models of market power. Finally, we discuss the impacts of aspects of this retailer behavior on the upstream farm sector.


2019 ◽  
Vol 50 (1) ◽  
pp. 201-225
Author(s):  
Dennis Epple ◽  
Richard Romano ◽  
Sinan Sarpça ◽  
Holger Sieg ◽  
Melanie Zaber

2003 ◽  
Vol 49 (9) ◽  
pp. 1121-1138 ◽  
Author(s):  
David Besanko ◽  
Jean-Pierre Dubé ◽  
Sachin Gupta

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