Competition in interrelated markets: an empirical study

Article Abstract:

Competition in small, concentrated and interrelated markets was investigated. Price data from 486 driving schools in 235 local markets in Sweden were used to test hypotheses on how market structure affects competition. Findings revealed that the price in a market is lower if prices in adjacent markets are low and the distances to them are short. Also, prices in closely located markets are interdependent. Moreover, prices are increasing in company concentration within a market.

Competition (Economics), Economic aspects, Markets (Economics), Prices

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The response by the Norwegian aluminium industry to changing market structure

Article Abstract:

Research is presented concerning the procyclical movement of the margins of aluminium plants in Norway following changes in market structure. The stability in the levels achieved by the margins is discussed.

Primary aluminum, Aluminum, Primary Aluminum Production, Norway, Aluminum industry, Aluminum products, Product differentiation, Cost (Economics), Costs (Economics)

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