It is usually believed that higher competition, implying more active firms, benefits consumers. We show that this may …

governance as well as economic and political competition, whereas the role of collaboration mechanisms is growing. This process …

informational problems. We show that, as a consequence of this trade-off, more intense competition in unregulated segments of the … can lead to a softer merger policy when competition is weaker. …

The debate on competition and innovation has produced a wide range of theoretical and empirical findings. Recently …, corporate governance quality has emerged as an additional factor that may complement or substitute for competition’s effect on … innovation. We aim to contribute to the debate by investigating whether product-market competition and corporate governance …

approach ignores both the competition between oil companies, and the large geographical differences. The paper concludes by …