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Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10010635661
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10009442577
Focusing on the interaction between national brands and private labels, this paper has two main empirical contributions: i) a simultaneous system of demand (share), price and expenditure equations is estimated, and ii) differences in the structure of the local geographic market are incorporated...
Persistent link: https://www.econbiz.de/10005510739
. Mergers and acquisitions restructured many American industries during the decade. This review of actual conduct is a fitting … prologue for our subsequent discussion of the federal merger guidelines and federal policy on price discrimination. Thus, this … paper is organized into two sections. The first section reviews actual antitrust and merger activity during the 1980s. The …
Persistent link: https://www.econbiz.de/10010816382
This paper reviews the basic components of antitrust analysis for the supermarket industry, including definition of product and geographic markets and the measurement of market power. The analysis of prices and profits in a market structure context remains important, especially in countries such...
Persistent link: https://www.econbiz.de/10009398810
This paper reviews theories that identify motives for mergers, reviews recent empirical research, specifies a model … that incorporates alternative motives, and tests the model with data from food manufacturing mergers between 1979 and 1986 …. Results suggest that capital markets are not efficient, and that mergers are not to redress agency problems. Acquirers paid …
Persistent link: https://www.econbiz.de/10009320452
An analysis of the impact of buyer structure on the profitability of U.S. food manufacturing industries shows inconclusive evidence in support of the countervailing power hypothesis in these industries. However, findings show that industries that have high sales to other food manufacturing...
Persistent link: https://www.econbiz.de/10009320458
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/10010816310