The concept of a "Commodity Hub" is extended to the large areas with consumers, who differ in their transport costs. A marketplace operator defines regionalized contract standards, that can reduce price discrimination. For a duopoly, contract standards that are valid in one region react to...

This study deals with the post-acquisition integration of small biotechnology firms into the structure of large pharmaceutical companies. In this context, pharmaceutical companies face the paradox, that they need to integrate the biotechnology companies in some way in order to get access to the...