2010), banks are actively engaged in fierce nonprice competition
Linkline illustrates this position: (311) the Court rejected the notion of harm to competition through the creation of entry barriers or the impairment of nonprice competition
or innovation in the downstream market.
More recent observations point to a resurgence of nonprice competition
among hospitals, or what some have characterized as the "new medical arms race," triggered in part by the entry of new organizational forms for delivering patient care, including physician-owned specialty hospitals (Devers, Brewster, and Casalino 2003).
1979, Rate Regulation and Nonprice Competition
in the Property and Liability Insurance Industry, Journal of Risk and Insurance, 46: 683-696.
Recent studies on the effects of competition are also mixed, with some evidence of increasing price competition among hospitals (Gift, Arnould, and DeBrock 2002) and other evidence of increased emphasis on nonprice competition
(Devers, Brewster, and Casalino 2003).
However, they can engage in nonprice competition
, for example, by improving the quality of their notes or services associated with them, and such nonprice competition
is also capable of maximizing consumers' surplus (White and Boudreaux 1998).
Order flow payments and other forms of nonprice competition
represent a threat to that vision (although it is only a vision, as there is relatively little quote-competition between the securities markets).
In addition to this problem of nonprice competition
pushing costs up to the level of high CAB-prescribed fares, there was a tendency to set fares even higher on long-distance flights (more than 400 miles) and lower on short-distance flights (see Douglas and Miller 1974).
can take the form of vertical agreements with brokers in which dealers agree to pay brokers for order flow.
for order flow can take the form of research services or agreements with brokers in which dealers pay brokers for order flow.
10) With deregulation of deposit interest rates, the influence of nonprice competition
on branching patterns has diminished.
In the absence of meaningful prices, competition among health plans takes the form of nonprice competition