Die Übernahme von Denner durch Migros verstösst gegen das Kartellgesetz
We investigate whether it is likely that the Swiss competition authority (WEKO) will approve the acquisition of Denner (the number 3 retailer in Switzerland) by Migros (the number 1 retailer). We argue that the decisions made by the European competition authorities are helpful guidelines in this case. We find it likely that the merger will not be approved. Both concentration and barriers to entry in the Swiss retail market are already very high. The takeover of the "third force" by the market leader would eliminate effective competition, both from the perspective of clients and suppliers. It is conceivable that the WEKO might not be willing to fully apply the law, and merely ask Migros to sell a port of Denner's retail network to a foreign competitor.
|Date of creation:||Apr 2007|
|Date of revision:|
|Contact details of provider:|| Postal: Université de Lausanne, Faculté des HEC, DEEP, Internef, CH-1015 Lausanne|
Phone: ++41 21 692.33.20
Web page: http://www.hec.unil.ch/deep/publications/cahiers/series
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:lau:crdeep:07.02. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gaëlle Sarda)
If references are entirely missing, you can add them using this form.