In the past 20 years, large digital platforms have made many acquisitions, mainly young and innovative startups. Few of … 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 …

these multi-sided companies along with each company's most important market segments. We then track their mergers and …

these multi-sided companies along with each company’s most important market segments. We then track their mergers and …

these multi-sided companies along with each company's most important market segments. We then track their mergers and …

their innovation efforts post-merger while the outsiders to the merger respond by increasing their effort. A merger tends to … reduce overall innovation. Consumers are always worse off after a merger. Our model calls into question the applicability of … the "inverted-U" relationship between innovation and competition to a merger setting. …

their innovation efforts post-merger while the outsiders to the merger respond by increasing their effort. A merger tends to … reduce overall innovation. Consumers are always worse off after a merger. Our model calls into question the applicability of … the “inverted-U” relationship between innovation and competition to a merger setting. …

economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual … media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …

economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so …This paper provides an economic analysis of recent vertical and horizontal mergers in the U.S. industry for audiovisual … media content, including the AT&T-Time Warner and the Disney-Fox mergers. Using a theory-driven approach, we examine …