and merchants that allow the collection of profiling information which drives innovation and welfare. Private incentives … competition between two platforms to study private and social incentives to share information. Sharing information can be welfare …

We propose an analysis of platform competition based on the academic literature with a view towards competition policy …. First, we discuss to which extent competition can emerge in digital markets and show which forms it can take. In particular … competition in platform markets. Second, we analyse competition policy issues and discuss how rules designed for standard markets …

We analyze competition between data intermediaries collecting information on consumers, which they sell to firms for … price discrimination purposes. We show that competition between data intermediaries benefits consumers by increasing … competition between firms, and by reducing the amount of consumer data collected. We argue that merger policy guidelines should …

them have been reviewed by competition authorities and little is known on their evolution after acquisition. This paper … this analysis, we use patent citations as a proxy for the innovation effort by the acquirer. Our main result is to show … that acquisition increases the innovation effort of the acquirer but only temporarily. After 1.5 year, there is no longer a …

competition policy is likely to face more challenges as large companies are becoming more common in more and more industries. …

competition and stability in banking. There are two basic channels through which competition may increase instability: by … incentives to take risk and raise failure probabilities. The competition-stability trade-off is characterized and the … implications of the analysis for regulation and competition policy are derived. It is found that optimal regulation may depend on …

harmful for innovation and if so, whether compulsory licensing can provide an effective remedy. The consent decree settled an … to license all its existing patents royalty-free. The compulsory licensing increased follow-on innovation building on … Bell patents by 17%. This effect is driven mainly by young and small companies. Yet, innovation increased only outside the …

and decreases wholesale prices when downstream competition is not too strong. Examining whether the merger’s potential …