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Antitrust analysis of supermarkets: global concerns playing out in local markets

Ronald Cotterill ()

Australian Journal of Agricultural and Resource Economics, 2006, vol. 50, issue 01, 16

Abstract: This paper reviews the basic components of antitrust analysis for the supermarket industry, including definition of product and geographic markets and the measurement of market power. The analysis of prices and profits in a market structure context remains important, especially in countries such as Australia with very high supermarket concentration. Firm and brand level New Empirical Industrial Organisation models of demand and oligopoly pricing also provide insights for evaluating antitrust claims. Recent research on vertical pricing games and price transmission expand the analysis to market channel pricing issues, including coalescing power by supermarkets and food manufacturers. The issues and approaches explained in this paper are relevant for policy-orientated research on supermarkets worldwide, including Australia.

Keywords: Agribusiness; Industrial Organization (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:116861

DOI: 10.22004/ag.econ.116861

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