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- W852046186 abstract "When large retailers merge, there is a concern that a sudden and marked increasein concentration will alter the intensity and nature of price competition to thedetriment of consumers. This chapter considers just such a situation in regardto UK grocery retailing, which has witnessed steadily increasing concentrationover recent years, advanced by a series of mergers. Specifically, we examine the nature of price competition amongst the major “one-stop-shop” retail chainsbefore, during, and after the Safeway/Morrison merger in March 2004.We find themerger offered consumers an immediate windfall benefit — with average pricesfalling straight after the merger — and more intriguingly appears to have led to (orat least is associated with) a marked change in the character of price competitionin the market." @default.
- W852046186 created "2016-06-24" @default.
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- W852046186 date "2014-07-09" @default.
- W852046186 modified "2023-09-27" @default.
- W852046186 title "Market Consolidation and Pricing Developments in Grocery Retailing: A Case Study" @default.
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- W852046186 doi "https://doi.org/10.1142/9789814616362_0001" @default.
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