Naked Exclusion: Towards a Behavioral Approach to Exclusive Dealing

We report experimental results on exclusive dealing inspired by the literature on naked null Our key findings are: First, exclusion of a more efficient entrant is a widespread phenomenon in lab markets. Second, allowing incumbents to discriminate between buyers increases exclusion rates compared to the non-discriminatory case only when payments to buyers can be offered sequentially and secretly. Third, allowing discrimination does not lead to...