We investigate the empirical relationship between product market competition and prices in the retail grocery sector in the euro area. The study uses micro-data from ACNielsen on chain stores' census characteristics and price levels for a broad variety of products. We construct...

This article analyzes the practice of opportunistic poaching of consultants by clients with particular reference to the business consulting industry. The strategic interaction of consulting groups, client firms and consultants gives rise to a market equilibrium in a mixed economy. Under very...