Price Test for Market Definition in the Beer Industry in Uruguay

Revista de Economía, Banco Central del Uruguay, 2010, mayo, vol. 17(1): 149-68

20 Pages Posted: 6 Jun 2012 Last revised: 8 Jun 2012

Date Written: June 6, 2012

Abstract

The appropriate definition of the relevant market is the main task in competition cases. But this definition, and its application, has proved difficult in abuse of dominance cases, mainly because of the cellophane fallacy. I offer new interpretations for the cointegration test and its vector error correction representation, in antitrust market definition. Then, I apply them to define the beer market in Uruguay as an example.

Note: Downloadable document is in Spanish.

Keywords: Time series models, antitrust policy, beer industry

JEL Classification: C22, C32, L40, L66

Suggested Citation

Zipitria, Leandro, Price Test for Market Definition in the Beer Industry in Uruguay (June 6, 2012). Revista de Economía, Banco Central del Uruguay, 2010, mayo, vol. 17(1): 149-68. Available at SSRN: https://ssrn.com/abstract=2079017

Leandro Zipitria (Contact Author)

dECON - FCS - UdelaR ( email )

Constituyente 1502
Montevideo, CP 11620
Uruguay

Register to save articles to
your library

Register

Paper statistics

Downloads
108
rank
241,395
Abstract Views
615
PlumX Metrics