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dc.contributor.authorNikogosian, Vigenen_US
dc.contributor.authorWeigand, Jürgenen_US
dc.date.accessioned2012-11-08en_US
dc.date.accessioned2012-11-08T16:16:45Z-
dc.date.available2012-11-08T16:16:45Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-325670-
dc.identifier.urihttp://hdl.handle.net/10419/66117-
dc.description.abstractDue to potential abuse of the market power at wholesale and retail market level for natural gas the Federal Cartel Office in Germany prohibited further forward integration of gas importing firms with retail incumbents from 2005/2006 to 2010. The Authority argued that the very few dominant gas importing companies, which also own and operate the gas pipelines, could have an incentive to foreclose existing competitors or prevent potential market entry. However, two of the importing companies remained extensively forward integrated. To analyze possible forward integration issues empirically we employ cross sectional data (for September 2009) for about 500 sub markets for household customers in Germany. These submarkets have different vertical ownership structures. Our data set contains information on ownership and market entry. By applying a market entry model, which is based on the framework introduced by Bresnahan and Reiss (1991), we do not find clear evidence that market entry is restricted by forward integration of gas importers and retail incumbents.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 12-062en_US
dc.subject.jelL40en_US
dc.subject.jelL42en_US
dc.subject.jelL94en_US
dc.subject.jelL97en_US
dc.subject.ddc330en_US
dc.subject.keywordenergy marketsen_US
dc.subject.keywordnatural gasen_US
dc.subject.keywordmarket entryen_US
dc.subject.keywordforward integrationen_US
dc.subject.keywordvertical integrationen_US
dc.subject.keywordmarket foreclosureen_US
dc.titleForward integration and market entry: Evidence from natural gas markets for household customers in Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn729442098en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12062-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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