We assess the consequences for consumers in 76 countries of multinational acquisitions in beer and spirits. Outcomes depend on how changes in ownership affect markups versus efficiency. We find that owner fixed effects contribute very little to the performance of brands. On average, foreign...

Media markets recently have been identified as multisided markets. The application of the theory of multisided markets provides a better understanding of such markets. It enriched the hitherto economic approach and led to new insights and perspectives especially for the antitrust authorities...

Over the past two decades, India and Pakistan have been involved in several activities regar ding bilateral trade normalization. These developments have been concentrated around three periods: the late-1990s, mid-2000s, and early-2010s. Are these waves of trade-related activity reflected in...