Vertical Price Control and Parallel Imports : Theory and Evidence

A policy of national exhaustion says that the rights to control distribution, end upon first sale only within a country, thereby permitting rights holders to exclude parallel imports. A policy of international exhaustion states that such rights end upon first sale anywhere, and therefore permits par...

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Bibliographic Details
Main Authors: Maskus, Keith E., Chen, Yongmin
Format: Publications & Research
Language:en_US
Published: World Bank, Washington, DC 2015
Subjects:
Online Access:http://hdl.handle.net/10986/21297

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