The relationship between competition and innovation is difficult to disentangle, as exogenous variation in market … Second World War, the Allies occupying Germany imposed the breakup because of IG Farben's importance for the German war …

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 …

A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on … than innovation. Economic theory shows the ways that price competition benefits consumers; and courts, antitrust agencies … competition, Kenneth Arrow's “replacement effect” and the Schumpeterian theory of market power and appropriation; discusses the …