Seminario 24/13 – Inga Helinad (University of Trondheim, NTNU): Common ownership and competition: Evidence from ultimate owners of private and public firms
Abstract Firms under common ownership have incentives to internalize the consequences of their behavior on each other, potentially resulting in less competition. In this paper, I revisit the question of whether firms that have owners in common with their rivals compete less. I exploit unique data from Norway to document the economy-wide extent of common…
