Banal-Estañol, Albert; Newham, Melissa; Seldeslachts, Jo - In: The Antitrust Bulletin 66 (2021) 1, pp. 68-99
We investigate patterns in common ownership networks between firms that are active in the U.S. pharmaceutical industry for the period 2004–2014. Our main findings are that “brand firms”—that is, firms that have research and development capabilities and launch new drugs—exhibit...