cost inefficiencies, due to a "least danger to competition" (LDC) condition, which favors small, and thus inefficient …

integrated at the distributor level by parallel imports (PI). In this context we show that if competition policy requires uniform … competition policy may not be optimal for consumer welfare. …

Intellectual property rights and competition policy are intimately related. In this paper I survey the economic … literature analyzing the interaction between intellectual property law and competition law and how the boundary between these two … policies is drawn in practice. Recognizing that intellectual property rights and competition law can interact in many different …

. Merger control may help protect competition. Holdup and intertemporal links make policy design more difficult, however. Even …

strategically delegate to its competition authority a welfare standard with a bias in favour of consumers. A consumer bias means …

We show that, in the case when innovations are for sale, increased product market competition, captured by reduced … the bidding competition for the innovation and by increasing the relative profitability of being the most efficient firm … in the industry. Moreover, it is shown that increased intensity of competition can increase the relative profitability of …