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. …

-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 …

-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 …