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This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data in the 48 contiguous U.S. states for counties where the company operates, presenting for the first time a measure of the company’s anticompetitive behavior. Empirical...
Persistent link: https://www.econbiz.de/10010913482
Wal-Mart, the largest retailer worldwide, has been suspected of exercising market power over input providers, both merchandise suppliers and workers. However, in spite of a growing body of literature investigating the beneficial economic impact of the company through its price-lowering effect,...
Persistent link: https://www.econbiz.de/10005012575
This paper analyzes the effect of access to different types of food outlets on households’ food insecurity levels. Two years (2004 and 2005) of Current Population Survey – Food Security Supplement data are matched with MSA-level data on store counts of Wal-Mart Supercenters, small food...
Persistent link: https://www.econbiz.de/10009002518
Regulation (EC) No 1924/2006, 20 December 2006, requires functional foods manufacturers operating in Europe to provide evidence that the health claims reported on the packaging are truthful. However, most applications reviewed by the European Food Safety Authority (EFSA) have been rejected,...
Persistent link: https://www.econbiz.de/10009021068