Concentración Económica en el Mercado Cervecero Ecuatoriano

Mergers between competitors are a common business practice that generates important consequences for the market, one of them is economic concentration, which can affect the free competition in the short, medium and long term. In Ecuador, the beer market is an interesting area of study, since it re...

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Main Authors: Trujillo-Sandoval, Danny, Puente-Guijarro, Carlos, Andrade-Quevedo, Karla
Format: Article
Language:English
Published: Universidad Estatal de Milagro 2017-12-01
Series:Ciencia UNEMI
Subjects:
Online Access:http://ojs.unemi.edu.ec/index.php/cienciaunemi/article/view/623/490
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author Trujillo-Sandoval, Danny
Puente-Guijarro, Carlos
Andrade-Quevedo, Karla
author_facet Trujillo-Sandoval, Danny
Puente-Guijarro, Carlos
Andrade-Quevedo, Karla
author_sort Trujillo-Sandoval, Danny
collection DOAJ
description Mergers between competitors are a common business practice that generates important consequences for the market, one of them is economic concentration, which can affect the free competition in the short, medium and long term. In Ecuador, the beer market is an interesting area of study, since it represents a highly concentrated market, with few participants in which the Superintendence of Market Power Control has established the conditions for the merger between two of its most relevant participants: National Brewery (SABMiller) and Ambev (Anheuser-Busch Inbev). This article analyzes the economic concentration of the Ecuadorian beer sector and the effects of the merger between these two competitors. This research is a qualitative-quantitative study in which the characteristics of the Ecuadorian beer sector and the conditions of the merger were evaluated, to determine the levels of concentration and possible trends in the supply and behavior of this sector by using concentration indicators and data of sales volumes between 2013 and 2015. That showed that there is a highly concentrated market, with a Herfindahl index above 9000, and with conditions that null the possibility of short-term market competition.
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spelling doaj.art-ef41109b7d704cf9a235d0efb92586392022-12-22T01:01:25ZengUniversidad Estatal de MilagroCiencia UNEMI1390-42722528-77372017-12-0110256778Concentración Económica en el Mercado Cervecero EcuatorianoTrujillo-Sandoval, Danny 0 Puente-Guijarro, Carlos1Andrade-Quevedo, Karla 2Universidad Internacional SEKUniversidad Internacional SEKUniversidad Internacional SEKMergers between competitors are a common business practice that generates important consequences for the market, one of them is economic concentration, which can affect the free competition in the short, medium and long term. In Ecuador, the beer market is an interesting area of study, since it represents a highly concentrated market, with few participants in which the Superintendence of Market Power Control has established the conditions for the merger between two of its most relevant participants: National Brewery (SABMiller) and Ambev (Anheuser-Busch Inbev). This article analyzes the economic concentration of the Ecuadorian beer sector and the effects of the merger between these two competitors. This research is a qualitative-quantitative study in which the characteristics of the Ecuadorian beer sector and the conditions of the merger were evaluated, to determine the levels of concentration and possible trends in the supply and behavior of this sector by using concentration indicators and data of sales volumes between 2013 and 2015. That showed that there is a highly concentrated market, with a Herfindahl index above 9000, and with conditions that null the possibility of short-term market competition.http://ojs.unemi.edu.ec/index.php/cienciaunemi/article/view/623/490Business mergercompetitionconcentrationEcuadorHerfindahlmarketbrewing sector
spellingShingle Trujillo-Sandoval, Danny
Puente-Guijarro, Carlos
Andrade-Quevedo, Karla
Concentración Económica en el Mercado Cervecero Ecuatoriano
Ciencia UNEMI
Business merger
competition
concentration
Ecuador
Herfindahl
market
brewing sector
title Concentración Económica en el Mercado Cervecero Ecuatoriano
title_full Concentración Económica en el Mercado Cervecero Ecuatoriano
title_fullStr Concentración Económica en el Mercado Cervecero Ecuatoriano
title_full_unstemmed Concentración Económica en el Mercado Cervecero Ecuatoriano
title_short Concentración Económica en el Mercado Cervecero Ecuatoriano
title_sort concentracion economica en el mercado cervecero ecuatoriano
topic Business merger
competition
concentration
Ecuador
Herfindahl
market
brewing sector
url http://ojs.unemi.edu.ec/index.php/cienciaunemi/article/view/623/490
work_keys_str_mv AT trujillosandovaldanny concentracioneconomicaenelmercadocerveceroecuatoriano
AT puenteguijarrocarlos concentracioneconomicaenelmercadocerveceroecuatoriano
AT andradequevedokarla concentracioneconomicaenelmercadocerveceroecuatoriano