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This article puts the judgment of the EC Court of First Instance (CFI) in Microsoft in perspective and links it with the ongoing discussion on competition policy and innovation. It also replies to some claims made by Ahlborn and Evans in their piece on the same judgment...
Persistent link: https://www.econbiz.de/10012708931
In December 2020, the European Commission proposed an ambitious new set of rules, the Digital Markets Act (“DMA”), which could be applicable in 2023 and whose rationale leans heavily on innovation. In many places throughout the proposed DMA recitals, the Explanatory Memorandum included...
Persistent link: https://www.econbiz.de/10013224772
Disruptive innovation, according to business literature, occurs when an innovative product is brought to a market, such as meets the basic requirements of the lower-end of an established value network and also offers added value outside of that value network. That product wins over consumers and...
Persistent link: https://www.econbiz.de/10014132347
Whilst there is widespread agreement in policy circles that fostering innovation should be a priority, there is far less consensus on what this entails and how to achieve this objective. This lack of consensus is echoed in the academic literature on innovation. In this paper, we seek to...
Persistent link: https://www.econbiz.de/10014136880