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Antitrust Perspectives for Durable-Goods Markets

36 Pages Posted: 5 Nov 2004  

Michael Waldman

Cornell University - Samuel Curtis Johnson Graduate School of Management

Date Written: October 2004

Abstract

Markets for durable goods constitute an important part of the economy. In this paper I first briefly review the microeconomic theory literature on durable-goods markets, focusing mostly on the last ten years. I then discuss a number of my own recent analyses concerning optimal antitrust policy in durable-goods markets that mostly build on ideas in the larger literature. Specific topics covered include: (i) optimal antitrust policy for durable-goods mergers; (ii) practices that eliminate secondhand markets; (iii) tying in markets characterized by upgrades and switching costs; and (iv) antitrust policy for aftermarket monopolization in durable-goods markets.

JEL Classification: L40

Suggested Citation

Waldman, Michael, Antitrust Perspectives for Durable-Goods Markets (October 2004). CESifo Working Paper Series No. 1306. Available at SSRN: https://ssrn.com/abstract=614866

Michael Waldman (Contact Author)

Cornell University - Samuel Curtis Johnson Graduate School of Management ( email )

Ithaca, NY 14853
United States
607-255-8631 (Phone)

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