Inframarginal Consumers and the Per Se Legality of Vertical Restraints

(Don Boudreaux)

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My first publication in a law review is a paper that I co-wrote with my dissertation advisor, Bob Ekelund. Our paper – titled “Inframarginal Consumers and the Per Se Legality of Vertical Restraints” – appeared in the Fall 1988 issue of the Hofstra Law Review. In this paper, Bob and I did our best to correct a fallacious view, expressed by some antitrust enthusiasts, about the welfare consequence of resale-price-maintenance contracts, exclusive-dealing arrangements, and other so-called “vertical restraints.” I believe that our paper’s analysis still holds up. From the link above you can download the paper free of charge.