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 …

method to study merger effects on firm entry and product variety in the retail craft beer market in California. We simulate … an acquisition of multiple craft breweries by a large brewery and find that the acquisition would induce firm entry and …

been major changes in beer consumption in the world. In recent times, per capita consumption has decreased in traditional …In this paper we analyze the evolution of beer consumption between countries and over time.Historically, there have … “beer drinking nations” while it increased strongly in emerging economies. Recently, China has overtaken the US as the …

"The spread of Pilsner beer from its inception in 1842 clearly shows the changes wrought by globalization in an age of … connectedness of the world and the political and economic structures of empire. Drawing upon a wide range of archival sources from … Europe, the Americas, and Sub-Saharan Africa, this study traces the spread of industrial beer brewing in Europe from the late …