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This paper studies the 2008 MillerCoors joint venture in the U.S. beer industry through a vertically related market …
Persistent link: https://www.econbiz.de/10014076486
I examine the competitive effects of mandated exclusive territories in the US beer industry. Theory is ambiguous as to … examine the impact on beer prices, quantities, and number of brands sold after Wisconsin mandated that brewers must assign … groups and a synthetic control show that the mandates increased prices and reduced quantity of craft beer. Overall number of …
Persistent link: https://www.econbiz.de/10014106105
build off of the fact that in the past thirty years in the U.S. beer industry, as the number of beer producers (i.e. brewers …
Persistent link: https://www.econbiz.de/10012911506
beer manufacturers to have exclusive territory clauses in their agreements with distributors. To identify the effect, I …
Persistent link: https://www.econbiz.de/10013115303
Mature antitrust regimes typically prioritize two main enforcement goals: deterrence and compensation of those injured by anti-competitive conduct. The simultaneous pursuit of these goals, however, creates difficulties for policymakers and enforcers that seek to strike a balance between public...
Persistent link: https://www.econbiz.de/10013087573
product variety in the U.S. beer industry. Upon acquisition by a macrobrewer, a craft brewery reduce its product variety in … brewery access to the macrobrewer's distribution network, facilitating expansion into new markets and thereby increasing the …
Persistent link: https://www.econbiz.de/10014237452
(1) Background: Big brewers, which have experienced declining sales for their beer brands in the last decade, have been … barrels per year) taking advantage of the increasing sales of craft beer by emulating these products or by acquiring craft … ownership of U.S. mainstream and craft beer brands was decoded and visualized. In addition, an exploratory case study analyzed …
Persistent link: https://www.econbiz.de/10011774094
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Persistent link: https://www.econbiz.de/10011532521
Merger efficiencies provide the primary justification for why mergers of competitors may benefit consumers. Surprisingly, there is little evidence that efficiencies can offset incentives to raise prices following mergers. We estimate the effects of increased concentration and efficiencies on...
Persistent link: https://www.econbiz.de/10012459308