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Competition Policy And Optimal Retail Network Development In Transitional Economies

Author

Listed:
  • Stipe Lovreta
  • Siniša Milošević
  • Ljiljana Stanković

Abstract

The choice of retail store location is a very complex process, with many different stakeholders having interests in both the micro and macro locations. The goal of this work is to contribute to the better understanding of the different interests of corporative and public policies in choosing retail store locations, in order to enable more efficient and effective trade network development. After having slowed down as a consequence of the global economic crisis, the retail sector is experiencing strong expansion in the markets of transitional countries. Insufficient engagement of public policy in planning trade networks can violate market competition. An active government role in carrying out the policy of retail network development in transitional countries is necessary to maintain the level of competition and prevent big market players abusing their dominant position.

Suggested Citation

  • Stipe Lovreta & Siniša Milošević & Ljiljana Stanković, 2013. "Competition Policy And Optimal Retail Network Development In Transitional Economies," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 58(199), pages 57-84, October -.
    • Handle: RePEc:beo:journl:v:58:y:2013:i:199:p:57-84
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    References listed on IDEAS

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    1. Sergio Faiguenbaum & Julio A. Berdegué & Thomas Reardon, 2002. "The Rapid Rise of Supermarkets in Chile: Effects on Dairy, Vegetable, and Beef Chains," Development Policy Review, Overseas Development Institute, vol. 20(4), pages 459-471, September.
    2. Guilherme Monteiro & Elizabeth Farina & Rubens Nunes, 2012. "Food‐Retail Development and the Myth of Everyday Low Prices: The Case of Brazil," Development Policy Review, Overseas Development Institute, vol. 30(1), pages 49-66, January.
    3. Brian Snowdon & George Stonehouse, 2006. "Competitiveness in a globalised world: Michael Porter on the microeconomic foundations of the competitiveness of nations, regions, and firms," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 37(2), pages 163-175, March.
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    Cited by:

    1. Dragana VOJTESKI & Kljenak Lukic RADOJKO & Dragica JOVANCEVIC, 2015. "Labor Costs Analysis In The Trade Market Of Serbia," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 7(3), pages 59-79, September.

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    More about this item

    Keywords

    competition; retail location; corporative interest; public interest;
    All these keywords.

    JEL classification:

    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • L81 - Industrial Organization - - Industry Studies: Services - - - Retail and Wholesale Trade; e-Commerce
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

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