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before the merger. While the low-variety target's stores reduced the depth of their assortment when in direct competition … chains’ response to changes in local competition. …
Persistent link: https://www.econbiz.de/10012543525
-price target’s stores reduced the depth of their assortment when in direct competition with the acquirer's stores, the latter … offerings in order to avoid cannibalization and lessen local competition. Further, we show that other dimensions of … heterogeneity, such as market concentration, whether a divestiture was imposed by the Dutch competition authority, and the re …
Persistent link: https://www.econbiz.de/10011846229
In the presence of strong economies of scale, a fall in transport costs can lead to a more pronounced geographical concentration of production. This is very apparent in the growing concentration of breweries in England from 1900-1970. The number of breweries in England fell sharply between 1900...
Persistent link: https://www.econbiz.de/10014166802
The primary purpose of this paper is to investigate whether companies can use acquisition as a strategy to reduce their probability of takeover. A subsidiary issue is whether such a strategy has any impact on their subsequent probability of bankruptcy. The determinants of making an acquisition,...
Persistent link: https://www.econbiz.de/10010443323
The primary purpose of this paper is to investigate whether companies can use acquisition as a strategy to reduce their probability of takeover. A subsidiary issue is whether such a strategy has any impact on their subsequent probability of bankruptcy. The determinants of making an acquisition,...
Persistent link: https://www.econbiz.de/10011530493
We analyze the effect of supermarket entry on the exit of small stores in the food retailing sector in Montevideo between 1998 and 2007. By using detailed geographical information about supermarkets and smaller stores we are able to identify the link between entrants and the exit of nearby small...
Persistent link: https://www.econbiz.de/10013035888
This paper empirically analyzes the effects of competition on price and non-price dimensions on the example of …
Persistent link: https://www.econbiz.de/10014256198
Persistent link: https://www.econbiz.de/10014305822
I re-examine the inverted-U relationship between competition and innovation (originally modeled and tested by Aghion et … competition by using a trade-weighted average of industry exchange rates as the instrument. I find a mildly negative relationship … between competition (as measured by the inverse of markups) and innovation (as measured by citation-weighted patents). The …
Persistent link: https://www.econbiz.de/10013066546
I re-examine the inverted-U relationship between competition and innovation (originally modeled and tested by Aghion et … competition by using various measures of foreign competition as instruments. I find a positive relationship between competition …
Persistent link: https://www.econbiz.de/10013068583