Professor Ghosal was the featured speaker at the 2009 International Automobile Association Congress in Frankfurt, Germany. He delivered a speech entitled “Competition, Innovation and Market Shares in the Automobile Industry: Lessons Learnt from the U.S. Markets and Potential Implications for Europe?” The presentation was based on his current research on examining the factors behind the long-run dynamics of market shares of the major US and foreign competitors in the US markets, including factors related to changes in product quality and innovation.

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