products that are more directly affected by competition. However, at the product therapeutic area level, we find a reduction in … innovation by new entrants after the ruling in response to increased competition. Overall, these results are consistent with …

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 …

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 … than innovation. Economic theory shows the ways that price competition benefits consumers; and courts, antitrust agencies …

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 …

irrelevant. We posit the need to look at competition anew. Static models of monopoly firms and markets in equilibrium are often …This paper gives a fresh account of competition in the digital economy. Economic analysis in the field of industrial … growth and diversification of many digital firms lead to a situation of broad-spectrum competition that cuts across markets …

significant adverse effects on competition and innovation—the two things they are supposed to protect …

Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …-dimensional nature of competition. Competition does not take place upon a single margin, such as price competition, but several … dimensions that are often inversely correlated such that a liability rule deterring one form of competition will result in more …