Concentração e poder de mercado na distribuição de etanol combustível: Análise sob a ótica da nova organização industrial empírica

Abstract

The reorganization of fuel distributionmarket raises questions regarding the existence of market power in the sector. Tools of New Empirical Industrial Organization were used to analyze existence of market power in the distribution sector. Based on the studies of Bresnahan (1982) and Bresnahan (1989), an analysis of identification methods for conduct parameters was carried out in order to determine whether the methodology is appropriate for the market in question. We concluded that distributors do not effectively practicemarket power. Estimated values for conduct parameters show this market approaches perfect competition not monopoly.