Rhonda L. Smith (firstname.lastname@example.org) is a Senior Lecturer at the Economics Department, University of Melbourne.
The Australian grocery industry: a competition perspective*
Article first published online: 21 APR 2006
Australian Journal of Agricultural and Resource Economics
Volume 50, Issue 1, pages 33–50, March 2006
How to Cite
Smith, R. L. (2006), The Australian grocery industry: a competition perspective. Australian Journal of Agricultural and Resource Economics, 50: 33–50. doi: 10.1111/j.1467-8489.2006.00326.x
I am grateful for the helpful comments of an anonymous referee on an earlier draft.
- Issue published online: 21 APR 2006
- Article first published online: 21 APR 2006
- buyer power;
- competition policy;
This article discusses whether at a theoretical level the large and growing role of the vertically integrated supermarket chains raises a buyer-power concern because of potential harm to other retailers, suppliers, and/or consumers. Even if this is possible, whether it is a real concern depends on whether provision exists to constrain the exercise of that power through market responses, such as entry, or through regulatory provisions, such as those contained in the Trade Practices Act.