1. Do Venture Capitalists Stifle Competition?;Xuelin Li;Jacobs Levy Equity Management Center for Quantitative Financial Research Paper,2020
2. prices, and welfare critically depend on parameters that differ across industries, firms, and perhaps even markets, such as the degree of technological spillovers between the commonly owned firms. 120 No sensible theory predicts that if effects are present and measurable in some specific markets, they should also be equally present in all other markets;L �ngel;Journal of Political Economy,2019
3. AST show that, using their methodology, effects are only measurable in large and concentrated U.S. airline markets. 121 Gibbon and Schain infer increases in markups of 3.1% following increases in common ownership among European manufacturing firms, but emphasize the effect is concentrated in low-tech industries; in high-tech industries, by contrast, common ownership appears to trigger more innovation. 122 Bindal finds that "anticompetitive effect of common ownership are stronger in industries that have similar products;Empirically, the literature has also emphasized cross-sectional differences in competitive effects of common ownership
4. Overlapping Ownership, R&D Spillovers and Antitrust Policy;L �ngel;Journal of Political Economy,2019