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Jürgen-Peter Kretschmer and Oliver Budzinski |
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''Advertised meeting-the-competition clauses: collusion instead of price discrimination'' |
( 2011, Vol. 31 No.4 ) |
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Pricing strategies may include the advertising of meeting-the-competition clauses (MCCs). We show in a specific spatial model scenario with differently informed consumers that MCCs primarily serve as a device to facilitate collusion instead of allowing for price discrimination between these consumers. |
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Keywords: meeting-the-competition clauses, advertising, price discrimination, competition, collusion |
JEL: M2 - Business Economics: General M3 - Marketing and Advertising: General |
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Manuscript Received : Oct 04 2011 | | Manuscript Accepted : Nov 16 2011 |
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