现代产业经济学系列讲座第288期

时    间：2025年12月2日（周二）13:30-15:00

地    点： 管理学院史带楼301室

题    目：  Cross-industry Acquisition by Digital Platforms

主讲人：Yangguang Huang   （ Hong Kong Baptist University）

主持人：古定威 副教授

Abstract:Major digital platforms frequently engage in acquisitions and strategic investments across various industries that are neither horizontally nor vertically related. These cross-industry acquisitions allow platforms to integrate different digital services and products into their ecosystems and exploit synergies based on data and information technology. Antitrust authorities rarely intervene in cross-industry acquisitions, as they do not violate existing horizontal or vertical merger guidelines. We develop a theoretical framework that analyzes cross-industry acquisitions, characterizes potential theories of harm, and provides regulatory guidelines. We examine how the role of data, data regulation policies, platform competition, and innovation policies affect the behaviors of digital platforms and implications of merger reviews.

Bio:Yangguang (Sunny) Huang is an Associate Professor at the Department of Accounting, Economics and Finance, Hong Kong Baptist University. His research areas are Industrial Organization and Applied Microeconomics. His research projects tackle problems in auctions, procurement, corruption, financial development, digital economy, online markets, innovation policy, and entrepreneurship. He has published papers in Management Science, International Economic Review, Games and Economic Behavior, and European Economic Review.  He obtained his Ph.D. in Economics from University of Washington at Seattle and worked as an Assistant Professor of Economics at the Hong Kong University of Science and Technology.