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This article separates oligopoly-power and cost-efficiency effects of changes in industrial concentration and assesses … induces cost efficiency in one-third of the industries, oligopoly-power effects either dominate cost efficiency or reinforce …
Persistent link: https://www.econbiz.de/10010635633
This study develops a two-stage market channel model to analyze pricing in the Boston milk market where retailers are differentiated sellers. A nonlinear model of demand and costs, including firm specific and industry cost shift variables is estimated for each of the four leading supermarkets....
Persistent link: https://www.econbiz.de/10010816314
This paper reviews the basic antitrust standards for the supermarket industry including definition of product and geographic markets and the exercise of coordinated and unilateral market power. It surveys the structure-conduct-performance and the New Empirical Industrial Organization literature...
Persistent link: https://www.econbiz.de/10010816362