The price effects of a large merger of manufacturers
Subtitle: a case study of maytag-whirlpool
By: Orley C. Ashenfelter, Daniel S. Hosken, Matthew C. Weinberg
Contributors: Hosken, Daniel; Weinberg, Matthew, 1978-; National Bureau of Economic Research
Series: NBER working paper series -- working paper 17476; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 17476.
Publisher: National Bureau of Economic Research
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "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"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 12/15/2011.

Includes bibliographical references.

Also available in print.

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Mode of access: World Wide Web.