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How Well Do Divestiture Remedies Work for Supermarket Mergers?

Xiao Dong, Paul Koh, Devesh Raval, Dominic Smith and Brett Wendling
In new research, Xiao Dong, Paul Koh, Devesh Raval, Dominic Smith, and Brett Wendling evaluate how well divestiture remedies work for mergers in the supermarket industry. They find that past supermarket divestitures lead to lower employment, reduced sales, and higher rates of exit from the market relative to comparable non-divested supermarkets.  

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