Our column on Vox “Tech-over: Mergers and merger policy in digital markets”

Lear together with Emilio Calvano looks at the M&A activity carried out by Amazon, Facebook, and Google between 2008 and 2018 (Argentesi et al., 2019b). Over this period, based on publicly available information, Google acquired 168 companies, Facebook 71 companies, and Amazon 60 companies. The question is whether the target companies would have grown to be viable competitors to the acquiring tech giants.
To read more on this article here