Market power and the Demsetz quality critique: an evaluation for food retailing

Article Abstract:

Operation of supermarkets in 34 local markets in six southwestern states were evaluated to determine the validity of the Demsetz quality critique that states that a concentrated market structure has higher prices because they have high quality and differentiated products and better service levels. Results indicate that market share and concentration are not correlated to any service factors. However, it was observed that concentration is positively associated with price.

Supermarkets, Research

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Retailing, regulation, and food consumption: the public interest in a privatized world?

Article Abstract:

Corporate retailing holds significance in the social and political sectors where state agencies and consumers play important roles. The retailing industry in the UK is analyzed in the light of these trends, focusing on the relationships of state, retailer, and consumer as influences on consumption and its regulation. The important role of the British retail sector as a pioneer economic sector and its influence on food quality is likewise stressed.

Grocery Stores, Social aspects, United Kingdom, Economic aspects, Laws, regulations and rules, Food industry, Grocery industry, Political aspects, Food buying, Grocery shopping

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