Katz (1987), DeGraba (1990), and Yoshida (2000) have formulated theories that price discrimination bans in intermediary goods markets tend to have positive effects on allocative, dynamic and productive efficiency, respectively. We show that none of these results is robust vis-à-vis endogenous...

This paper analyses the extent of inter-format retail competition between supermarkets, discounters and drugstores in Germany, using data from the German market for diapers. We estimate a random coefficient logit model at the individual household level. Based on consumer substitution patterns,...

Der vorliegende Beitrag befasst sich mit aktuellen Wettbewerbsproblemen im deutschen Lebensmitteleinzelhandel. Im Mittelpunkt der Analyse stehen der zunehmende Konzentrationsprozess und seine Determinanten. Darauf aufbauend diskutieren wir Aspekte der Marktabgrenzung insbesondere im Hinblick auf...

We examine how different pass-through rates, from input- to final consumer prices, and different vertical contracts affect upstream market definition. Our theory model predicts that, under reasonable conditions, higher pass-through rates lead to definitions of larger upstream markets. Data...