Bonanno, Alessandro; Lopez, Rigoberto - Zwick Center for Food and Resource Policy, Department … - 2007
This article investigates the competition effects of supermarket food and non-food services using fluid milk as a case …, greater supermarket chain-level demand but lower price elasticity, and enhanced market power, all leading to higher milk … prices and quantity of milk sold. However, unlike previous research, we conclude that increases in cost rather than market …