Dr. Fei Deng Spoke about RPM and Vertical Restraints
Dr. Fei Deng, a partner at Edgeworth, was invited by Renmin University to serve as a panelist for the RPM and Vertical Restraints session at a Workshop on Economics and Antitrust, held in Beijing, China, on September 15.
Dr. Deng discussed the business rationale for a firm using RPM, the potential pro-competitive and anti-competitive effects of RPM, empirical economic analyses used in evaluating these effects, and the differences and similarities between RPM and other types of non-price vertical restraints. Other speakers at the workshop included officials from three Chinese antitrust regulatory agencies (the Department of Price Supervision of the National Development and Reform Commission (NDRC), the Anti-Monopoly and Anti-Unfair Competition Enforcement Bureau under the State Administration for Industry and Commerce (SAIC), and the Anti-Monopoly Bureau under the Ministry of Commerce (MOFCOM)) and antitrust law and economics scholars and practitioners.
RPM and vertical restraints have been high on the list of antitrust concerns for businesses operating in China after several investigations and fines by the NDRC and the decision of the Shanghai High Court in the Rainbow v. Johnson & Johnson case earlier this year.
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