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appearance or to submit written comments, two economics  air jordan 2013 uk online experts have adopted a “reasonable analysis methods.” The following are the relevant “Johnson & Johnson products involved in the 15 years the price basically unchanged” expert different views:Foreign Economic and Trade University Professor Gong Jiong that, Johnson & Johnson suture products in the Chinese market prices basically unchanged for 15 years, the Department of Johnson & Johnson products take their sutures intertemporal price discrimination strategy results. That is, there are market forces manufacturers to determine at different times through different prices to different consumers into the demand function with different combinations through the initial charge high prices to consumers, so that consumers who buy and strong consumer first, and then along the demand curve gradually cut prices to attract mass consumption. Early manufacturers rely on high-priced single transaction to obtain high profits, the latter expanded by transaction size to obtain profits. This limitation of Johnson & Johnson resale price behavior, leading to artificially raise prices, greatly reducing the consumer surplus, the total social welfare losses.Shanghai University of 

 

Finance and Professor Guofu Tan believes that Johnson & Johnson’s absolute price of suture products remain basically unchanged for 15 years, and can not therefore prove that Johnson & Johnson to take “intertemporal price discrimination” pricing strategy, considering inflation, the relative prices have been declining. On the contrary, no suture product prices caused by restrictions on resale prices rise, so can not be considered a minimum resale price restrictions reduced the total social welfare.Economics expert for two different interpretations, the reporter interviewed the presidingair jordan xx8 sale    judge the case, Shanghai Intellectual Property High Court Court Vice President DingWen Union. He said that the practice of court experts in the monopoly case it is necessary, the court fully considered the two experts. Full Court concluded that, although described as Johnson & Johnson, medical suture product market constantly adding new brands, but Johnson & Johnson for 15 years can calmly deal with constant price competition, the full description of

 

 its suture products Johnson & Johnson has a strong pricing power, lack of demand elasticity of the product concerned to consolidate the Johnson & Johnson has more pricing power. This is, for comprehensive consideration of the court, “the adequacy of competition in the relevant market” and the “Johnson & Johnson in the relevant market is a strong market position,” two factors are very important.DingWen Union also pointed out that the judgment of the case fully embodies the “anti-monopoly law,” the legislative purpose, especially as consumers in safeguarding the interests of patients and the public interest of the whole society. “Antitrust” the first chapter first provides for the prevention and suppression of monopolistic behavior, to protect fair market competition, improve economic efficiency, protect consumer interests and public interests,air jordan retro 13 for sale    and promote the healthy development of the socialist market economy, the development of this Act . GlaxoSmithKline bribery incident yet settled, Johnson & Johnson’s medical device companies