AbstractThe five largest firms by market capitalization, Alphabet, Amazon, Apple, Meta, and Microsoft have massively acquired companies during the last decades, mainly but
not exclusively young tech startups. Interestingly, most of the acquired products are discontinued post-acquisition. [...]
AbstractThe European Commission’s new horizontal guidelines create scope for sustainability agreements and, to calculate efficiencies, suggest the estimation of consumers’
willingness to pay (WTP) for so-called “nonuse value.” We contrast estimates obtained from a hypothetical choice experiment conducted for the Netherlands’ competition [...]
AbstractOrganization theorists and innovation economists have been arguing for the past few decades that the locus of research and development activities has gradually moved
away from vertically integrated firms to inter-firm alliances. In industries as diverse as construction and biotechnology, cooperation for innovation has given rise [...]
AbstractThis study investigates the effects of leniency programs on cartel duration, cartel fines, and the length of investigations, providing empirical insights that contribute
to the ongoing debate regarding their theoretical and empirical implications. The introduction of leniency programs in two different jurisdictions (EU and Spain) [...]
AbstractBiologics are playing an increasingly important role in health care globally but are placing a substantial burden on payers. The development of biosimilars—drugs
that are highly similar to and have no clinically meaningful differences from originator biologics—is critical to improving the affordability and accessibility [...]