...Shivaram Rajgopal; Anup Srivastava; Rong Zhao ABSTRACT Despite regulators’ allegations that digital technology giants misuse their market power to earn abnormal profits, there is a dearth of systematic work on (1) whether digital-tech firms in general, and tech giants in particular, earn excess...

...Sean Shun Cao; Guang Ma; Jennifer Wu Tucker; Chi Wan ABSTRACT We introduce a firm-specific measure of the technological aspect of competition—technological peer pressure—and examine firm-initiated product development-related press releases. We argue that empirical examinations of the theorized...