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This paper analyzes how entrepreneurs fare in an intermediary market segment when the segment is closely attached to a single supplier market. While focusing on two structural constraints, organizational structure and competitive pressure, I build off of the fact that in the past thirty years in...
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brewery entry and growth, leading to lower levels of breweries and craft beer production. The effects are largest in states … that place restrictions on brewery/wholesaler integration. The findings in this paper indicate that contract termination …
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an acquisition of multiple craft breweries by a large brewery and find that the acquisition would induce firm entry and …
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a counterfactual merger where a large brewery acquires multiple craft breweries. In most markets, we find that new firms …
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2016. I find that beer franchise laws significantly reduced craft brewery entry and growth. The effects are largest in … states that place restrictions on brewery/wholesaler integration. The findings in this paper indicate that the mandated …
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