lukestein’s Twitter Archive—№ 11,495

@Edmund_Schuster @florianederer “Our structural model implies that in a counterfactual world without the Blackr0ck–BGI merger, the US would in expectation have 3.4 additional national pretzel retail chains, rather than just one: Auntie Anne’s.* * In the appendix, we also consider quality-adjusted pretzels…”