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effect of mergers on innovation and future price competition; and reviews the empirical literature on competition, mergers …A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on … economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather …
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that it is beneficial to be a non-merging rival firm to a large horizontal merger. Using a sample of mergers with expert …
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competition policy is likely to face more challenges as large companies are becoming more common in more and more industries. …
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