EX POST MERGER EVALUATION IN THE UK RETAIL MARKET FOR BOOKS

被引：19

作者：

Aguzzoni, Luca ^{[1
]}

Argentesi, Elena ^{[2
]}

Ciari, Lorenzo ^{[3
]}

Duso, Tomaso ^{[4
,5
]}

Tognoni, Massimo ^{[1
]}

机构：

[1] Commiss European Communities, Directorate Gen Competit, Pl Madou, B-1210 St Josse Ten Noode, Belgium

[2] Univ Bologna, Dept Econ, Piazza Scaravilli 2, I-40126 Bologna, Italy

[3] European Bank Reconstruct & Dev, One Exchange Sq, London, England

[4] DIW Berlin, Mohrenstr 58, Berlin, Germany

[5] DIW Berlin, DICE, Mohrenstr 58, Berlin, Germany

来源：

JOURNAL OF INDUSTRIAL ECONOMICS | 2016年 / 64卷 / 01期

关键词：

PRICE; DISCRIMINATION; COMPETITION;

D O I：

10.1111/joie.12099

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper evaluates the price effects of the merger of two major U.K. book retailers. We use a dataset containing monthly scanner data on a sample of 200 books in 50 local markets for four years around the merger. We compare the price changes after the merger in shops located in areas where both chains were present before the merger and in areas where only one chain was present. We also investigate the country-wide effect of the merger. We find that the merger did not result in any price increase either at the local or at the national level.

引用

页码：170 / 200

页数：31

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