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destruction from threatening the status quo. We propose thinking of creative destructive and competition policy as a two …. Instead, competition law as we currently understand it would remain in place while being somewhat more forgiving as to the … hypothetical examples from US and EU competition and intellectual property law to show how contemporary law has already …
Persistent link: https://www.econbiz.de/10014143156
This paper looks at whether the standard unilateral effects model can be applied to non-price competition parameters … such as innovation. This question arises because competition authorities are intervening in horizontal mergers that are … found to give rise to a “significant impediment to effective innovation competition” (“SIEIC”) as a result of a reduction in …
Persistent link: https://www.econbiz.de/10012852989
context of greater or lesser innovation remain important, because competition law enforcement is not suited to playing a … competition are not alternatives, but complementary …
Persistent link: https://www.econbiz.de/10013299479
The 2010 revision of the Merger Guidelines highlighted the importance of both economic modeling of the post-merger competitive process and effects evidence, defined as information able to predict the transaction’s likely competitive effect. With sufficient data, it is possible to see how...
Persistent link: https://www.econbiz.de/10013295872
In 'Delivering Justice: Programme of Action to Strengthen the Rule of Law at the National and International Levels', the Secretary-General of the United Nations, argued that the rule of law involves more than the state and its institutions: it “is at the heart of the social contract between...
Persistent link: https://www.econbiz.de/10013085608
New types of social networks have recently emerged that have facilitated the growth of a different kind of user-generated content: curation. The user finds various content from the Internet and then organizes or “curates” the content in a social network platform in a way that better serves...
Persistent link: https://www.econbiz.de/10014160942
This paper modifies the optimal penalty analysis by incorporating investment incentives with external benefits. In the models examined, the recommendation that the optimal penalty should internalize the marginal social harm is no longer valid as a general rule. We focus on antitrust...
Persistent link: https://www.econbiz.de/10014047026
Persistent link: https://www.econbiz.de/10013294170
these types of conduct as the conducts that will potentially hinder fair competition in the relevant market; therefore …
Persistent link: https://www.econbiz.de/10014167087
When firms' research can lead to potentially harmful innovations, public intervention may thwart their incentives to undertake research by reducing its expected profitability (average deterrence) and may guide the use of innovation (marginal deterrence). We compare four policy regimes: laissez...
Persistent link: https://www.econbiz.de/10010577635