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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a511f0643d2c
DTSTART:20240703T080000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20240703T110000Z
LOCATION:Geneva\, Switzerland\, Switzerland
SUMMARY:15th Meeting of the UNCTAD Research Partnership Platform
CLASS:PUBLIC
DESCRIPTION:In recent years\, the transformation of the global economic tra
 ding system has led to the emergence of complex global value chains\, chal
 lenging policymakers. Food-related global value chains are particularly no
 table due to their broad impact on efficiency\, safety\, and environmental
  issues\, affecting stakeholders worldwide. These evolving challenges nece
 ssitate continuous scrutiny by policymakers in competition and consumer pr
 otection.The current food system consists of intricate interactions among 
 various stakeholders\, including agricultural input providers\, producers\
 , and consumers. These often involve ongoing contracts rather than single 
 transactions\, with economic implications beyond price\, such as quality a
 ssessment and payment terms\, crucial for competition and consumer protect
 ion.These diverse stakeholders interact in markets that are often highly c
 oncentrated\, where informational imperfections are the norm and where pro
 ducts are often vertically differentiated. Market power at different stage
 s of the value chain may have different welfare and distributional effects
 \, depending on whether efficiency gains from vertical coordination (impor
 tant in the presence of extensive search and contracting costs) and horizo
 ntal economies of scale result in increased overall welfare and how this i
 s distributed across the different stakeholders. In particular\, the effec
 ts of concentration are complex and vary across different agricultural val
 ue chains\, highlighting the importance for policy purposes of using adequ
 ate tools to empirically assess whether there is market power abuse or whe
 ther changes in market concentration\, for example through mergers and acq
 uisitions\, can require policy actions by competition and consumer protect
 ion (national or supranational) authorities. Furthermore\, agricultural m
 arkets face various shocks affecting supply and demand\, which can persist
 ently alter trade prices and quantities along the value chains. &lt\;p cl
 ass=&quot\;text-align-justify\n\nView meeting on unctad.org\nhttps://uncta
 d.org/meeting/15th-meeting-unctad-research-partnership-platform
DTSTAMP:20260710T163414Z
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