José Azar and Isabel Tecu, with Martin C. Schmalz, wrote a paper entitled “Anti-Competitive Effects of Common Ownership.” In this paper, using the airline industry as a laboratory, the authors provide evidence that common ownership by large diversified institutional investors has adverse effects on product market competition.
IP Literature Watch: September 2023
In this month’s IP Literature Watch we include a piece empirically studying the US antitrust case against Xerox; a paper examining the challenges and...