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Competition Policy and Antitrust Law: Implications of Developments in Supply Chain Management
Author(s) -
Gundlach Gregory T.,
Frankel Robert,
Krotz Riley T.
Publication year - 2019
Publication title -
journal of supply chain management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.75
H-Index - 92
eISSN - 1745-493X
pISSN - 1523-2409
DOI - 10.1111/jscm.12196
Subject(s) - competition (biology) , resale price maintenance , vertical restraints , industrial organization , supply chain management , competition law , business , supply chain , distribution (mathematics) , competition policy , public policy , economics , law and economics , marketing , microeconomics , monopoly , ecology , mathematical analysis , mathematics , biology , incentive , economic growth
Building on research in supply chain management ( SCM ) that aids in the workings of society, the authors illustrate how SCM research can advance public policy and law. Using competition policy and antitrust law as an example, they consider how developments in SCM thought and practice augment economic understanding of vertical restraints involving minimum resale price maintenance ( RPM ). Developments affecting the organization of supply chains, firm‐level strategies for the management of retail distribution, and the interactions of supply chain participants are investigated. The findings advance knowledge of the primary procompetitive and anticompetitive theories of RPM found in competition policy and antitrust law. They also illustrate the potential of SCM to expand its reach and impact through studies that address the interplay of SCM and public policy and law.