TOTM
Bundled Discounts Remarks (More to Come…)
Truth on the Market
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In response to Josh’s gentle nudge, here are my remarks from Wednesday’s DOJ/FTC hearing on loyalty discounts. I focus entirely on bundled discounts (as opposed to single-product loyalty discounts, like volume or market-share discounts). Bundled discounts are discounts (or rebates) that are conditioned upon purchasing separate products from disparate product markets — e.g., “we’ll give you a 25% discount on all your A and B purchases if you buy 70% of your A requirements and 80% of your B requirements from us.”
