Yale SOM’s Florian Ederer and Song Ma, together with their co-author Colleen Cunningham of London Business School, won the Association of Competition Economists’ Best Paper Award at the organization’s annual conference in Lisbon this week.
The three were honored for “Killer Acquisitions,” published in the Journal of Political Economy in 2021. The widely recognized paper used data from the pharmaceutical industry to examine the phenomenon of companies making acquisitions in order to shut down projects that pose a competitive threat. It has been cited in a congressional report and a briefing from the Biden White House on the technology industry and previously won the Jerry S. Cohen Award for Antitrust Scholarship, the Robert F. Lanzillotti Prize for best paper in antitrust economics, and the AdC Competition Policy Award.
The Association of Competition Economists is an organization of competition economists from government, academia, and the private sector. The Best Paper Award is intended to “promote research in competition economics and recognition for excellence both in theoretical and empirical analysis in this important area of economic policy and to encourage members to stay up to date with the best research.”