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We examine a deregulation of German pharmacists to assess its effects on retail and labor markets. From 2004 onward, the reform allowed pharmacists to expand their single-store firms and to open or acquire up to three affiliated stores. This partial deregulation of multi-store prohibition...
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“Barriers to entry” form a key construct in strategy scholarship and pedagogy. However, limited empirical evidence exists for many putative barriers. For example, although considerable evidence suggests that managers perceive the existence of significant distribution-related barriers to...
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In this research we study how existing market coverage affects the outcome of the Internet channel entry game between an existing retailer and a new entrant. A market is not covered when some consumers with low reservation prices are priced out by existing retailers and do not purchase. In a...
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In recent years, platforms have been increasingly adopting a hybrid mode. A platform serves as a reseller as well as a marketplace, leading to direct competition with third-party sellers. A new trend of logistics sharing has recently emerged in platform retailing: a platform (e.g., Amazon.com)...
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