Retail Mergers and Acquisitions, and Specialty Crop Producers: Evidence from California

Sustainability

Richard Volpe¹  Xiaowei Cai¹  Maiah Alman²  Alexander Stevens³ 

[1] Agribusiness Department, College of Agriculture, Food, and Environmental Sciences, Cal Poly, San Luis Obispo, CA 93407, USA;Ecomedes, San Francisco, CA 94122, USA;USDA Economic Research Service, Washington, DC 20024, USA;

关键词: mergers and acquisitions;    food retail;    agricultural production;    bargaining power;    food prices;    economic impacts;   

DOI  :  10.3390/su14073876

来源: DOAJ

【 摘 要 】

Relatively little is known about the economic impact of mergers and acquisitions in the food retail industry on upstream agricultural producers. We study the potential impact of the 2014 merger between Safeway and Albertsons on California specialty crop growers. There is a consensus among the 19 growers that we interviewed that merger events are unfavorable since they lead to uncertainty, lower prices, lost revenue, and higher transaction costs. State-level analysis of USDA crop price data provides support for these contentions.

【 授权许可】

Unknown