Analyzing the Impact of Antitrust Laws and Enforcement on Small Business

摘要

The study investigates how antitrust laws and enforcement in the retail grocery and timber industries affect small firms. Looking at two industries (retail grocery and timber), the researchers find that, independent of the type of enforcement activity, the number of small grocery retailers declined over time. In the timber industry, the vertically integrated dominant firm hoarded the input of its small competitors downstream, forcing their exit.