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Keywords

most favoured nation clause, MFN, types of MFN clauses, pro-competitive effects, theories of harm, restriction of competition

Abstract

Most favored nation (MFN) clauses have recently started drawing the attention of antitrust authorities, regardless of their common use in international trade and multilateral agreements, and irrespective of the common view that they have mostly pro-competitive effects. MFN clauses allow customers to obtain profitable commercial conditions, minimize the risk related to the launch of new products, as well as reduce transaction costs. However, antitrust authorities increasingly point out that MFN clauses have anticompetitive effects also, such as weakening market competition, creating market entry barriers for new players, or allowing for coordination of market activities between competitors. Decisions in such cases as HRS or E-books, as well as amendments to legal regulations in the USA resulting from the Blue Cross Shield Michigan case seem to confirm these antitrust concerns

First Page

22

Last Page

37

Page Count

15

Publisher

University of Warsaw

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