Competition Policy and Market Leaders

We study the potential loss in social welfare and changes in incentives to invest in R&D that result when the market leading firm is deprived of its position. We show that under plausible assumptions like free entry or repeated market interactions there is a social value of market leadership and its mechanical removal by means of competition policy is likely to me harmful for society

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Year of publication:	2009
Authors:	Maci, Ilir
Other Persons:	Žigić, Krešimir (contributor)
Publisher:	[2009]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Wettbewerbspolitik \| Competition policy \| Marktführer \| Market leader \| Innovation

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Extent:	1 Online-Ressource (34 p)
Series:	Center for Economic Research and Graduate Education-Economics Institute Working Paper ; No. 375
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 1, 2008 erstellt
Other identifiers:	10.2139/ssrn.1483201 [DOI]
Classification:	F12 - Models of Trade with Imperfect Competition and Scale Economies ; F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; L13 - Oligopoly and Other Imperfect Markets ; L16 - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure; Industrial Price Indices ; K21 - Antitrust Law
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013155868