Heidhues, Paul; Köster, Mats; Kőszegi, Botond - 2024
We develop a model of digital ecosystems based on the assumption that a multimarket firm can use a sale in or data from … contrast, other firms have no or smaller incentives for takeovers, explaining why ecosystems grow out of market leaders at … controlling access points, so it may go to great lengths to dominate these markets. Our theory's logic suggests that ecosystems …