This paper tests whether upstream R&D cooperation leads to downstream collusion. We consider an oligopolistic setting where firms enter in research joint ventures (RJVs) to lower production costs or coordinate on collusion in the product market. We show that a sufficient condition for...

Foundational to the discipline of management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g.,...

This study examines whether EU competition policy enforcement has led to stronger competition in European gas and electricity markets and hence lower prices, higher investment and improved productivity. Specifically, the study analyses the impact of competition policy enforcement on shortrun...

The study examines the impact of COVID State aid measures (COVID aid) on firm performance for three Member States, namely Italy, Poland and Spain, for which national state aid registers are available. These data on aid recipients are merged with balance sheet data obtained from Bureau Van Dijk...