Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/18677 
Full metadata record
Appears in Collections:
DC FieldValueLanguage
dc.contributor.authorMariuzzo, Francoen
dc.contributor.authorWalsh, Patrick Paulen
dc.contributor.authorWhelan, Ciaraen
dc.date.accessioned2009-01-28T15:52:06Z-
dc.date.available2009-01-28T15:52:06Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/18677-
dc.description.abstractEU Merger Control Regulation No 4064/89 tended to rely on a dominance test, based on themarket share of undertakings, to indicate the level and potential changes in market power. Theuse of such in differentiated product industries is questionable. New EC Merger RegulationNo 139/2004 introduces a substantive test to ensure that all post-merger scenarios posing athreat to competition, even amongst small undertakings, are detected. We propose the use of asimple structural approach to undertake a substantive test. We illustrate our point over 28periods, 178 products (13 companies), for Retail Carbonated Soft Drinks. We estimatecompany (product) mark-ups using a 'simple? Nested Logit model, Berry (1994) and a more'sophisticated? model, Berry, Levinsohn and Pakes (1995). While the dominance test mayfail to identify damaging mergers in differentiated products industries, this technique will not.en
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x1312en
dc.subject.jelL40en
dc.subject.jelL81en
dc.subject.jelL25en
dc.subject.jelL11en
dc.subject.jelK2en
dc.subject.ddc330en
dc.subject.keywordmarket sharesen
dc.subject.keywordmarket poweren
dc.subject.keyworddifferentiated products industriesen
dc.subject.keywordmergersen
dc.subject.stwFusionskontrolleen
dc.subject.stwProduktdifferenzierungen
dc.subject.stwMarktmachten
dc.subject.stwRelevanter Markten
dc.subject.stwEU-Staatenen
dc.titleEU merger control in differentiated product industries-
dc.typeWorking Paperen
dc.identifier.ppn477397158en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.