Football season is here. Bud, Miller, or Coors, the classic American lagers, are the beverage of choice to accompany the big game throughout the US. Despite the recent surge of microbrews and imports, the big three brands still capture more than 60% of the market. With the recent merger of Miller and Coors only two large national brewers remain.
Did US beer mergers cause a price increase?
Orley Ashenfelter, Daniel Hosken, Matthew Weinberg, 18 September 2013
The economics of open-air markets
John List, 5 November 2009
Bilateral bargaining has constituted the foundation of markets for centuries, from peasant economies – such as Athen’s Agora, Rome’s Forum, the medieval fairs and markets in England, and the 1,000 year old market in Morocco – to the substantial bazaars and “flea” markets that litter the landscape of developed and developing countries today.
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