The term ‘junk food’ has no legal definition and its use by campaigners gives a misleading impression of how much food and drink will be affected by government proposals in the Childhood Obesity Strategy. Policies that restrict ‘junk food’ will actually restrict HFSS food (high in fat,...

In view of the fact that fruit and vegetables market is an important segment of food sector, this article presents the results of research on preferences of Warsaw residents in terms of fruit and vegetable products from the group of convenience food, including the knowledge and popularity of...

Consumers commonly face purchasing costs, e.g., travel- or wait-time, that are fixed to quantity but increase with variety. This article investigates the impact of such costs on demand and supply of variety. Purchasing costs limit demand for variety like prices limit demand for quantity. When...

The 2010 Department of Justice and Federal Trade Commission Horizontal Merger Guidelines lay out a new standard for assessing proposed mergers in markets with differentiated products. This new standard is based on a measure of ``upward pricing pressure,'' (UPP) and the calculation of a ``gross...

The 2010 Department of Justice and Federal Trade Commission Horizontal Merger Guidelines lay out a new standard for assessing proposed mergers in markets with differentiated products. This new standard is based on a measure of ``upward pricing pressure,'' (UPP) and the calculation of a ``gross...