Flores-Fillol, Ricardo; Ibañez-Zarate, Guiomar; … - In: Economics Letters 122 (2014) 1, pp. 79-83
We analyze the effect of research joint ventures (RJVs) on consumer welfare in an international context when collusion can occur. Our results suggest that antitrust authorities should distinguish between domestic and international RJVs and be more benevolent with international RJVs.