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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 …
Persistent link: https://www.econbiz.de/10010364303
of competition law. This raises difficult questions about the relationship between competition and innovation as well as … what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger … cases. This paper, on one hand, reviews briefly our economic knowledge about competition and innovation, and claims that it …
Persistent link: https://www.econbiz.de/10011758381
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 …
Persistent link: https://www.econbiz.de/10013465592
of competition law. This raises difficult questions about the relationship between competition and innovation as well as … what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger … cases. This paper, on one hand, reviews briefly our economic knowledge about competition and innovation, and claims that it …
Persistent link: https://www.econbiz.de/10012945855
normative assessment. R&D agreements have a much smaller effect on later competition in the product market if they serve as a … substitute for incomplete (legal) protection of innovation effort. They may help firms settle the resulting fairness issue, and …, through successful innovation, competitors might gain an advantage. This is the case if the opposite market side has …
Persistent link: https://www.econbiz.de/10010286728
Persistent link: https://www.econbiz.de/10012307709
This paper examines the evolution of national competition (antitrust) policies and enforcement approaches vis … competition policy approaches toward intellectual property licensing arrangements in the US, Canada and the EU. Part 3 elaborates … the foundational insights that have motivated competition policy interventions with respect to 'newer' issues such as anti …
Persistent link: https://www.econbiz.de/10011723874
innovation and other aspects of firm performance. They suggest that private VC tends to have larger effects than government VC …
Persistent link: https://www.econbiz.de/10014533546
competition policy is likely to face more challenges as large companies are becoming more common in more and more industries. …
Persistent link: https://www.econbiz.de/10013166348
Competition agency guidelines, policy statements and related advocacy are an important vehicle for policy expression … guidelines and policy statements has, arguably, been particularly important in the context of the competition policy treatment of … intellectual property rights, given the complexity of this area, the importance that competition agencies attach to it, and its …
Persistent link: https://www.econbiz.de/10011810287