Vertical Agreements
Vertical Agreements
Effects-based analyses is playing an increasingly important role in the assessment of vertical agreements such as most favoured nation clauses and restrictions on downstream distribution. Given the recognised efficiency benefits of vertical restrictions in terms of internalising externalities within the supply chain and resolving free-rider issues, our analysis can help distinguish between pro- and anticompetitive practices.
Vertical agreements can generate significant efficiency benefits by addressing free-rider issues and internalising externalities across the supply chain. Our analysis can help distinguish between pro- and anticompetitive conduct