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Sunoco's 2004 acquisition of El Paso's, New Jersey refinery and Valero's 2005 acquisition of Premcor's Delaware refinery significantly consolidated refinery control in the U.S. Northeast. The Federal Trade Commission investigated both transactions but challenged neither. We examine the FTC's...
Persistent link: https://www.econbiz.de/10013144327
- specifically, exit for cause - regulates median and top-end profitability. Thus, the process by which competition drives out …
Persistent link: https://www.econbiz.de/10012490389
This paper is the first that applies a new measure of competition, the Boone indicator, to the banking industry. This … approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … competition can consider the entire banking market only. A caveat of the Boone-indicator may be that it assumes that banks …
Persistent link: https://www.econbiz.de/10011604814
the international comparisons, the price formation of the food chain, degree of concentration, competition, and the …, competition works in Finland just as well in agriculture, the foodstuffs industry and the wholesale and retail trade as it does in … from the standpoint of competition and consumer choice; the position of small producers can best be improved by fostering …
Persistent link: https://www.econbiz.de/10010273052
the international comparisons, the price formation of the food chain, degree of concentration, competition, and the …, competition works in Finland just as well in agriculture, the foodstuffs industry and the wholesale and retail trade as it does in … the food. -- Foodstuff prices ; food chain ; agriculture ; foodstuff industry ; retail and wholesale trade ; competition …
Persistent link: https://www.econbiz.de/10003926197
We estimate a dynamic oligopoly entry game in the early U.S. local telephone market. We observe the identities of potential entrants into local markets and therefore the waiting time of each potential entrant before it commits actual entry. To capture the feature of the data, we allow firms to...
Persistent link: https://www.econbiz.de/10013069132
-trust action in 1911. This case provides examples of competition leading to more rapid productivity growth through both more rapid …
Persistent link: https://www.econbiz.de/10014129962
-to-pay for shelf spaces. Shelf space fees soften inter-brand competition and result in higher sale-weighted average retail price …
Persistent link: https://www.econbiz.de/10009298680
The effect of credit market competition on borrower default is theoretically ambiguous, because the quantity of credit … supplied may rise or fall following an increase in competition. We investigate empirically the relationship between credit … market competition, lending to households, and personal bankruptcy rates in the United States. We exploit the exogenous …
Persistent link: https://www.econbiz.de/10010283315