CORDIS Project
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This research project develops a new model to analyze retail competition, focusing on the power dynamics between large retailers and suppliers, as well as competition among retailers. It aims to clarify how increased retailer market power affects competition, particularly concerning small retailers.
The expanse of large retailers in recent decades leads to the high concentration in retail market, and the ever-growing market power of large retailers has caused serious concerns on detrimental impacts against small retailers.
However, competition authorities face a dilemma in identifying market conditions under which the increase of retailer market power could impair competition.
This research aims to provide normative analysis for this purpose, by developing a new model on retail competition…
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