We examine the effects of merger and merger policy on a potential entrant’s pre-merger investment incentives. We establish conditions under which the possibility of merger can induce an entrant to inefficiently imitate an incumbent’s product instead of innovating with a more differentiated...

Political candidates, legislators and academics have made proposals to separate services provided by dominant digital platforms from activities that rely on these services. Although the platforms have different economic and technical characteristics, common themes that motivate these proposals...

"Antitrust enforcement has long been focused on price competition-approving or denying mergers based on whether or not it would create or reduce opportunities for consumers to be able to "shop around" for the lowest prices when it comes to internet access, cable subscriptions, airfare, and so...

<Emphasis Type="Bold">Background: Information is lacking on the relative effectiveness and cost effectiveness — in a real-life primary-care setting — of leukotriene receptor antagonists (LTRAs) and long-acting β2 adrenergic receptor agonists (β2 agonists) as add-on therapy for patients whose asthma symptoms are...</emphasis>

<Emphasis Type="Bold">Background: Information is lacking on the relative effectiveness and cost effectiveness — in a primary-care setting — of leukotriene receptor antagonists (LTRAs) as an alternative to inhaled corticosteroids (ICS) for initial asthma controller therapy. <Emphasis Type="Bold">Objective: To compare the cost...</emphasis></emphasis>

Licensing promotes technology transfer and innovation, but enforcement of licensing contracts is often imperfect. We explore the implications of weak enforcement of contractual commitments on the licensing conduct of firms and market performance. An upstream firm develops a technology that it...