When do vertical restraints harm competition? the economics-based approach and its application in the batsa case

Date
2011
Authors
Theron N.M.
Boshoff W.H.
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
An "effects-based" or "economics-based" approach to competition policy requires a theory of harm that causally links a business practice and its allegedly anti-competitive effects and also weighs anti competitive effects against the pro-competitive effects of the practice. This implies a shift away from per se prohibitions of certain practices towards case-by-case analysis - a move that has been hotly debated, especially in Europe. Using a case study of the recently concluded British American Tobacco case, we study the core features of an effects-based approach to vertical restraints. We find the approach followed in the British American Tobacco South Africa case generally consistent with an effects-based analysis, but highlight some limitations. © 2011 Economic Society of South Africa.
Description
Keywords
Citation
South African Journal of Economics
79
3
http://www.scopus.com/inward/record.url?eid=2-s2.0-80052987091&partnerID=40&md5=a855e6190d62e19275eec98cfa26b799
URI
http://hdl.handle.net/10019.1/17239
Collections
Stellenbosch University - Scopus Publications