Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/24587 
Year of Publication: 
2007
Series/Report no.: 
ZEW Discussion Papers No. 07-027
Publisher: 
Zentrum für Europäische Wirtschaftsforschung (ZEW), Mannheim
Abstract: 
This paper investigates the motive of pre-empting technology competition through mergers and acquisitions (M&A). Exploiting the patent application procedure at the European Patent Office we introduce a new measure for the possibility to create entry barriers in technology markets. Our results show significant evidence that firms engage in horizontal M&A to pre-empt competition in technology markets.
Subjects: 
pre-empting technology competition
mergers and acquisitions
JEL: 
G34
O34
L20
Document Type: 
Working Paper

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