Resale Price Maintenance in China: An Economic Perspective
Journal of Antitrust Enforcement, 2015, i132–i154
23 Pages Posted: 15 Oct 2014 Last revised: 13 Oct 2015
Date Written: June 16, 2015
Abstract
This article analyzes resale price maintenance (RPM), its economic principles, and its application in the United States, Europe and China. The application of RPM varies across each of these three jurisdictions. In China, there are competing economic goals, no clear standard (per se illegality versus rule of reason) and case outcomes that do not necessarily fully embrace an economic based approach. We identify those areas in Chinese antitrust jurisprudence that will shape enforcement and offer an economic approach that allows for internal consistency for decision-making.
Keywords: resale price maintenance, RPM, economics, antitrust, competition law, China, comparative
JEL Classification: K21, L42, L11
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