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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17476 |
来源ID | Working 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 |
URL | https://www.nber.org/papers/w17476 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575151 |
推荐引用方式 GB/T 7714 | 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. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w17476.pdf(295KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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