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Examining Market Power in the Finnish Dairy Chain

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  • Valtiala, Juho P.
  • Rezitis, Anthony N.

Abstract

This study examined whether processors and retailers have market power in the Finnish dairy chain. Both the dairy processing and the retail sector are highly concentrated in Finland, and market imperfections in the chain are not well known. The results indicate that the retailers have market power over the consumers in the retail market but the processing market is competitive. According to the results, the retailers employ full mark-up in the retail market. It is emphasised that market power in the Finnish dairy chain should be further studied with different approaches to gain more evidence for market power.

Suggested Citation

  • Valtiala, Juho P. & Rezitis, Anthony N., 2017. "Examining Market Power in the Finnish Dairy Chain," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261419, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae17:261419
    DOI: 10.22004/ag.econ.261419
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    References listed on IDEAS

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    1. Paolo Sckokai & Claudio Soregaroli & Daniele Moro, 2013. "Estimating Market Power by Retailers in a Dynamic Framework: the Italian PDO Cheese Market," Journal of Agricultural Economics, Wiley Blackwell, vol. 64(1), pages 33-53, February.
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    7. Scalco, Paulo R. & Braga, Marcelo J., 2015. "Identification of Market Power in Bilateral Oligopoly: The Brazilian Wholesale Market of UHT Milk," 2015 Conference, August 9-14, 2015, Milan, Italy 212278, International Association of Agricultural Economists.
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