Price Guarantees as Signals to Competitors to Increase PriceCoordination
{'Code': '04050100', 'Directorate': {'Abbreviation': 'SBE', 'LongName': 'Direct For Social, Behav & Economic Scie'}, 'Division': {'Abbreviation': 'SES', 'LongName': 'Divn Of Social and Economic Sciences'}}
{'SignBlockName': 'Shantelle Fowler', 'PO_EMAI': None, 'PO_PHON': None}
This research considers whether price guarantees can be used as market          signals to coordinate prices and maintain monopoly level prices in the          market.  The researchers have developed a data set on grocery prices of         five stores, one of which undertook to match the prices of another              store, and initial results indicate that price matching guarantees              might lead to a higher degree of collusion.                                                                                                                     The possible collusive effect of price guarantees is an important               research question and could have major implications for anti trust              policy and the structure of competition in packaged consumer goods              industry.
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{'Code': '1321', 'Text': 'Decision, Risk & Mgmt Sci'}
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