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Price Relationship Agreements: economic analysis and implications for competition

Price Relationship Agreements (PRAs) are agreements linking one supplier’s price to those charged to other customers or by competitors. Firms adopt PRAs for many different reasons and the competitive effects of these agreements may vary substantially. This note summarizes the main findings of a comprehensive literature review of PRAs, bringing together different economic theories of harm and efficiency motivations, and provides some policy implications.


Date: November 2012
Author(s): Lear
Tag(s): Lear Competition Notes , Cartels, Competition Economics, Cooperation and Vertical Agreements