Shareholder overlap and drug market competition
Common ownership between brand and generic pharmaceutical firms significantly reduces generic entry.
Congratulations to the 2026 John Bates Clark Medalist Ludwig Straub, and to newly elected Distinguished Fellows Donald Andrews, N. Gregory Mankiw, Robert A. Margo, and Marjorie McElroy. View the Press Release for award announcements.
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Common ownership between brand and generic pharmaceutical firms significantly reduces generic entry.
The origins and consequences of zero-sum thinking in the United States.