This paper empirically studies the effect of acquisitions made by the large US-based technology companies on the entry … venture capital funding in the target product markets of tech giants' acquisitions. In other words, the acquisitions of … tech-nology giants' acquisitions of platform companies have decreased market entry in non-platform markets. In the US …

This paper empirically studies the effect of acquisitions made by the large US-based technology companies on the entry … venture capital funding in the target product markets of tech giants' acquisitions. In other words, the acquisitions of … tech-nology giants' acquisitions of platform companies have decreased market entry in non-platform markets. In the US …

Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon …. Consistent with a large literature, we use patent counts as a measure of innovation. The combination of the US market's economic …

-creating takeovers and increase innovation and do not induce agency con icts of managerial entrenchment. This implies that for innovative …

competition, demand and the probability that they are taken over. In contrast, we show that large firms optimally may decide to … also show that firm R&D increases with product-market competition and with industry acquisition liquidity and that these …

(R&D) activity. I exploit a quasi-experiment involving failed mergers to generate exogenous variation in acquisition … diversifying mergers produce both a smaller number of innovations and also less-novel innovations, where innovations are measured …

of competition law. This raises difficult questions about the relationship between competition and innovation as well as … what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger … cases. This paper, on one hand, reviews briefly our economic knowledge about competition and innovation, and claims that it …