Food market oligopoly in Czech Republic sparks concerns over consumer prices.
The article explores how competition among grocery stores affects the food market in the Czech Republic. The researchers analyzed data from 2008-2009 to see if a dominant firm creates an oligopoly in the sector. They found that no single chain store dominates the market, but Schwarz (Kaufland, Lidl) is the top player with a quarter of total revenues. Despite no clear dominance, there is a possibility of companies colluding on prices or engaging in duopoly reactions.