Pre-empting technology competition through firm acquisitions |
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| Authors: | Christoph Grimpe Katrin Hussinger |
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| Institution: | aCentre for European Economic Research (ZEW), Mannheim, Germany;bK.U. Leuven, Belgium;cUniversity of Maastricht, The Netherlands |
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| Abstract: | This paper shows that firms engage in horizontal mergers and acquisitions to pre-empt competition in technology markets. Making use of the patent application procedure at the European Patent Office we introduce a measure for potential entry barriers in technology markets. |
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| Keywords: | Pre-empting technology competition Mergers and acquisitions |
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