Evidence-Based Cultural Policy – Advances in Empirical Research on Fixed Book Price Agreements
Abstract In the EU, Resale Price Maintenance (RPM) is usually prohibited under Art. 101(1) TFEU; however, exemptions are possible when consumers benefit from the measure (Art. 101(3) TFEU). The German Fixed Book Price (FBP) system is a form of RPM. This article evaluates the efficiencies of FBP systems as a well-docume...