[eng] In recent years, both the number and the size of mergers and takeovers have risen considerably in European countries. What are their objectives ? What are their effects on the firms themselves, on growth and on employment ? This paper attempts to answer such questions, to the best of our...

We analyze whether and how the fact that products are not sold on free, public, platforms but on competing for-profit platforms affects sellers’ investment incentives. Investments in cost reduction, quality, or marketing measures are here to joint and coordinated efforts by sellers. We show...