Pricing Decisions in Franchised Chains: A Look at the Restaurant and Fast-Food Industry

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Francine Lafontaine;
  • Subject:
    • jel: jel:L22 | jel:L42

This paper examines empirical issues of pricing and price dispersion within franchised restaurant and fast-food chains. Given the per se illegality of resale price maintenance (RPM) under current U.S. Antitrust laws, and the fact that franchised outlets are independent ... View more
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