Publication:
Seasonal price effects of mergers

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Publication Date

2021

Language

English

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Journal Article

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Abstract

This study shows that mergers' price effects can vary seasonally. I document countercyclical price increases due to the Coors and Miller merger, which is consistent with models of coordinated pricing that predict lower equilibrium prices during high-demand states. (c) 2021 Elsevier B.V. All rights reserved.

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Economics Letters

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Elsevier Science Sa

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Economics

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