Decomposition and Management of the Market Shares of National Brands and Private Labels in the Food Retail Sector
摘要
Competition between national brands and private labels, as well as the regulatory framework for competition policy, have led to a significant increase in the market share of private labels over the past decades. In Europe, this development is primarily attributed to intense price competition (as a result of the prohibition of price maintenance), increasing concentration in retail, and the resulting proliferation of private labels. Cuneo, Milberg, Benavente, and Palacios-Fenech note that the spread of private labels in many countries has had a negative impact on the market share of national brands.