and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy …

and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy …

The core industries of the new information economy are characterized by imperfect competition, asymmetric information … or external effects. Thus, well-designed microeconomic policies, in the form of competition policies, technology policies … paper emphasizes innovation-intensive competition, strong technological scale economies, network effects and complementarity …