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 be harmful for society.
Year of publication: |
2011
|
---|---|
Authors: | Zigic, Kresimir ; Maçi, Ilir |
Published in: |
Economic Modelling. - Elsevier, ISSN 0264-9993. - Vol. 28.2011, 3, p. 1042-1049
|
Publisher: |
Elsevier |
Keywords: | Market leaders Competition policy Innovation K21 L11 L13 L16 |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Competition policy and market leaders
Žigić, Krešimir, (2011)
-
Competition Policy and Market Leaders
Maçi, Ilir, (2008)
-
Competition policy and market leaders
Žigić, Krešimir, (2011)
- More ...