Mergers of complements and entry in innovative industries
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DOI: 10.1016/j.ijindorg.2019.04.004
Abstract: I study a merger between producers of complement inputs facing potential entry, with investment by the incumbents in deterministic cost reduction and by the entrants in probabilistic innovation, and then competition in prices. The merger… read more here.
Keywords: mergers complements; merger; entry innovative; complements entry ... See more keywords