Theory and Practice in EU Competition Law and US Antitrust Law
Theoretical discussions among competition lawyers and economists on the approach to Resale Price Maintenance (RPM) and Vertical Territorial Restrictions (VTR) have often caused controversy. However, commentators agree that there is a lack of comprehensive study surrounding the topic. This book explores these two forms of anticompetitive conduct from legal, historical, economical, and theoretical points of view, focusing on the EU and US experiences.
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Chapter 3: US development, case studies and summaries
This chapter describes the law of resale price maintenance and vertical territorial restraints in the United States of America and its development since the enactment of the Sherman Act in 1890. It discusses it in connection with different factors that have influenced antitrust law while analyzing and summarizing significant and selected cases. By examining these cases, the chapter illustrates in detail the changes in approach to RPM and VTR and their application.
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