Journal
REVIEW OF INDUSTRIAL ORGANIZATION
Volume 26, Issue 3, Pages 269-306Publisher
SPRINGER
DOI: 10.1007/s11151-004-8113-x
Keywords
advertising; brewing industry; regulation
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Beer advertising is a topic that has frequently attracted the attention of industrial organization economists. This update reviews major events, data trends, and research for each of three issues: (1) the importance of advertising and product differentiation for structural change in the brewing industry; (2) the manner and extent to which brewers can strategically alter market shares using advertising; and (3) the social costs of beer advertising and marketing, including advertising bans, targeting of underage youth, and recent changes in the three-tier system of alcohol distribution. Major legal decisions pertaining to commercial speech and other regulations also are discussed.
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