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In early 2002, the Royal Ahold subsidiary, Stop & Shop Supermarkets, offered to purchase the Big V supermarket chain … Wakefern and remains in the Shop Rite supermarket cooperative system. …
Persistent link: https://www.econbiz.de/10004989052
This paper reviews the basic antitrust standards for the supermarket industry including definition of product and … the New Empirical Industrial Organization literature to highlight alternative tests for supermarket power. The focus is a … supermarket chains ability to exercise buyer as well as seller power. Recent research on vertical pricing topics including …
Persistent link: https://www.econbiz.de/10004989059
This paper develops an analysis of markets for differentiated products. It relies on the concept of latent separability for consumer preferences. As proposed by Blundell and Robin, latent separability assumes that purchased products are allocated in the production of latent intermediate...
Persistent link: https://www.econbiz.de/10005805962
This study was provided to the staff at the Federal Trade Commission in October, 1999. It expands the analysis of divestitures that was presented in an April 1999 report to the FTC (An Antitrust Economic Analysis of the Proposed Acquisition of Supermarkets General Holdings Corporation by Ahold...
Persistent link: https://www.econbiz.de/10005797976
Recent empirical work suggests that cooperative presence in differentiated product markets lowers the consumer prices of all brands. This paper focuses on the theoretical basis for this competitive yardstick effect by cooperatives. It identifies two market structures where the competitive...
Persistent link: https://www.econbiz.de/10008555782
De novo entry by the top 20 U.S. supermarket chains into local markets is examined using Tobit analysis. We find that …
Persistent link: https://www.econbiz.de/10005310650
Persistent link: https://www.econbiz.de/10005310651
This research report responds to the comprehensive critique of structure-price and structure profit studies in the food retailing industry by Keith Anderson, Staff Economist, Federal Trade Commission. Mr. Anderson's critique was in response to a request from certain members of the House...
Persistent link: https://www.econbiz.de/10005310652