Título: From Company-Operated to Dealer-Operated Fuel Stations: A Real Path to Greater Pricing Freedom?
Sala: E22
Hora: 12.30
Resumen: This study empirically examines the impact of vertical contracts on price setting in the Spanish retail fuel market. Using a large dataset on gasoline and diesel prices, brands, and the managerial status of petrol stations, we apply the novel Difference-in-Differences methodologies of De Chaisemartin and d'Haultfoeuille (2020, 2024) to account for heterogeneous effects and the staggered transition in the operational management of selling points. Our findings provide insights into the implications of vertical arrangements between wholesalers and retailers, contributing to the broader regulatory debate and offering valuable evidence for policymakers and competition authorities.