Effects of mergers and acquisitions on food quality

Wesley Blundell, Stephen Devadoss and Jeff Luckstead

Economics Letters, 2024, vol. 244, issue C

Abstract: We examine the impact of mergers on product quality in the U.S. agri-food industry. Our difference-in-differences analyses provide evidence that following a one standard deviation increase in merger activity there is a 48.1% decrease in pounds of food recalled and an 18.7% decrease in the total number of recalls. A significant implication of our analysis is that increased concentration increases product quality.

Keywords: Agri-food; Product recalls; Mergers; Product quality (search for similar items in EconPapers)
JEL-codes: G34 L41 L66 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:244:y:2024:i:c:s0165176524004646

DOI: 10.1016/j.econlet.2024.111980

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