Vertical restraints and competition policy in the US and UK food marketing systems

✍ Scribed by Steve McCorriston; Ian M. Sheldon

• Publisher: John Wiley and Sons
• Year: 1997
• Tongue: English
• Weight: 167 KB
• Volume: 13
• Category: Article
• ISSN: 0742-4477
• DOI: 10.1002/(sici)1520-6297(199703/04)13:2<237::aid-agr11>3.0.co;2-4

✦ Synopsis

A review of the vertical restraints literature shows that while it is rich in analysis of such restraints, theory is ambiguous about their private and social effects, and, hence, their regulation. Analysis presented in this article suggests that this ambiguity in the literature appears to be mirrored in the decisions on vertical restraints of the US courts and the UK competition authorities with regard to their respective food systems. In addition, there is an interesting contrast between the type of vertical relationships investigated by the US and the UK authorities, the latter covering a broader range of restraints. ᮊ 1997