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来源类型Working Paper
规范类型报告
DOI10.3386/w17476
来源IDWorking Paper 17476
The Price Effects of a Large Merger of Manufacturers: A Case Study of Maytag-Whirlpool
Orley C. Ashenfelter; Daniel S. Hosken; Matthew C. Weinberg
发表日期2011-10-06
出版年2011
语种英语
摘要Many experts speculate that U.S. antitrust policy towards horizontal mergers has been too lenient. We estimate the price effects of Whirlpool's acquisition of Maytag to provide new evidence on this debate. We compare price changes in appliance markets most affected by the merger to markets where concentration changed much less or not at all. We estimate price increases for dishwashers and relatively large price increases for clothes dryers, but no price effects for refrigerators or clothes washers. The combined firm's market share fell across all four affected categories and the number of distinct appliance products fell.
主题Other ; Law and Economics ; Industrial Organization ; Market Structure and Firm Performance ; Antitrust
URLhttps://www.nber.org/papers/w17476
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/575151
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Orley C. Ashenfelter,Daniel S. Hosken,Matthew C. Weinberg. The Price Effects of a Large Merger of Manufacturers: A Case Study of Maytag-Whirlpool. 2011.
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