I derive a Net Innovation Pressure (NIP) formula based on logic that is similar to the logic underlying Upward Pricing …-cost margin is not. The formula, which is quite simple, reveals that whether a merger decreases or increases the incentive to …

This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We apply this theory … innovations. Furthermore, it leads to strategic duplication of the entrant's innovation by the incumbent. These negative … innovation effects of restrictive acquisition policy have to be weighed against the pro-competitive effects of preserving …

This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We apply this theory … innovations. Furthermore, it leads to strategic duplication of the entrant's innovation by the incumbent. These negative … innovation effects of restrictive acquisition policy have to be weighed against the pro-competitive effects of preserving …

Now is a particularly important time to consider the relationship between antitrust and innovation. Both US and … European antitrust en forcement authorities are taking a look at the state of competition on the Internet, an inquiry that puts … into clear focus the need for antitrust to take seriously its relationship with innovation policy. How would the …

wirtschaftspolitischen und akademischen Interesses. Aufgrund der engen Verknüpfung von Innovation, Wachstum und Konsumentenwohlfahrt ist für … die Wettbewerbspolitik insbesondere die Frage nach dem Effekt auf das Innovationsverhalten der Firmen relevant. …

implications of mergers for innovation incentives and technical tying/compatibility decisions are explored. Welfare implications of …This paper develops a simple model to analyze the effects of mergers in complementary system markets when the merged … mergers in the short and long-run will be also analyzed …