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The global beer industry has transformed dramatically in recent decades. Two key trends include 1) consolidation … resulting from mergers, acquisitions and joint ventures, and 2) the largest firms expanding into new regions. While beer was … Western Europe. The primary products of the largest firms are pale lagers, with ales and numerous other potential beer …
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We study the effects of merger on firm entry, product variety and prices in the retail craft beer market in California … a counterfactual merger where a large brewery acquires multiple craft breweries. In most markets, we find that new firms … likely to see an increase in product variety, which moderates the loss of consumer surplus from the merger's price effects …
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study regressions to capture firms' price changes due to this merger/divestiture event. Our empirical analysis reveals … approving this merger/divestiture event was sufficient to maintain pre-event competition in the US beer market …This paper evaluates the impact on prices of the 2013 merger between Anheuser-Busch InBev(ABI) and Grupo Modelo and the …
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2 million observations) that includes beer prices and packaging configurations. We merge this dataset with brewery … craft breweries do not. In addition, we describe package attributes that exhibit price differentials across brewery types …Using newly released public data on beer prices in the state of California, we construct a large dataset (approximately …
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