Market Concentration and Product Variety Under Spatial Competition : Evidence from Retail Gasoline

We show that for a spatially differentiated economy reduced product variety is the likely outcome of mergers except in cases where exit costs in relation to (outlet-specific) fixed costs are high. Our empirical analysis of the Austrian retail gasoline market confirms that increases in concentration reduce product variety. Ignoring this product variety effect is likely to lead to an underestimate of market power in structural merger analysis

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Year of publication:	[2021]
Authors:	Gugler, Klaus Peter ; Götz, Georg
Publisher:	[S.l.] : SSRN
Subject:	Unternehmenskonzentration \| Market concentration \| Räumlicher Wettbewerb \| Spatial competition \| Produktdifferenzierung \| Product differentiation \| Tankstelle \| Filling station \| Theorie \| Theory \| Österreich \| Austria

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Extent:	1 Online-Ressource (20 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 2004 erstellt
Other identifiers:	10.2139/ssrn.608964 [DOI]
Classification:	L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L13 - Oligopoly and Other Imperfect Markets ; L90 - Industry Studies: Transportation and Utilities. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013318971