Are price‐matching guarantees anticompetitive? We examine the incentives for price‐
matching guarantees in markets where information about prices is costly. The conventional …

This paper provides evidence of the incidence and variety of low-price guarantees
(promises to match or beat a rival's price) using data obtained from newspaper …

With multi‐channel retail competition, some offline retailers implement price matching
services to combat consumers' showrooming behavior. With this service, offline retailers cut …

Major retailers in the USA offer money back guarantees (MBGs) under which they return
money to dissatisfied customers. Some of these retailers also offer low price guarantees …

This paper formulates a novel test to assess whether, and to what extent, firms might be
using low-price guarantees to discourage their rivals from cutting prices. The test is based …

This paper examines the strategic use of low-price guarantees (LPGs) as an entry deterrent.
The entire space of contemporaneous LPG messages is partitioned according to their ability …

This research examines vertically differentiated retailers' incentives to offer price-matching
guarantees. It suggests that offering and not offering a price-matching guarantee are both …

Price-matching guarantees (PMGs) are offers to match a competitor's price on a specific
item. Such guarantees are extremely common in US retail practice, and their impact has …

This paper investigates the effects of a low‐price guarantee (price‐beating guarantee) on
the patterns of price setting of three supermarkets using micro‐level price data. Following …

Many retailers promise that they will not be undersold by rivals and extend their promise to
include their own future prices. That is, many retailers combine elements of both price …