Efficiencies Brewed: Pricing and Consolidation in the U.S. Beer Industry
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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 pricing
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美国国家经济研究局创建时间:
2013-08-01



