Retail Mergers and Food Prices: Evidence from France
Marie-Laure Allain,
Claire Chambolle,
Stéphane Turolla and
Villas‐Boas, Sofia B
Authors registered in the RePEc Author Service: Sofia Villas-Boas
Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley
Abstract:
This paper analyzes the impact of a merger in the French supermarket industry on food prices. Using consumer panel data, we compare the changes in prices for merging and rival firms in affected and comparison markets. We use a novel definition of affected markets when some firms have a local pricing strategy and others a more centralized pricing strategy. We find that prices increase significantly following the merger, and that the merging firms lose market shares. For the rivals, the price increases are larger in local markets, in which concentration increased and differentiation changed after the merger.
Keywords: Economic Theory; Applied Economics; Econometrics; Economics (search for similar items in EconPapers)
Date: 2017-09-01
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Citations: View citations in EconPapers (43)
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Related works:
Journal Article: Retail Mergers and Food Prices: Evidence from France (2017)
Working Paper: RETAIL MERGERS AND FOOD PRICES: EVIDENCE FROM FRANCE * (2017)
Working Paper: Retail Mergers and Food Prices: Evidence from France (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:agrebk:qt7th5b6qc
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