We study how competition impacts innovation (and welfare) when firms compete both in the product market and in … innovation development. This relationship is complex and may lead to scenarios in which a lessening of competition increases R … provide conditions for when competition increases or decreases industry innovation and welfare. These conditions are based on …

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

has said that patent litigation is categorically different, since it offers the chance to increase competition by freeing … that patent challenges lead to increased competition. It identifies a number of conditions that must hold for a patent … categories of challenges in which the potential benefits for competition are smaller than previously thought or, in some cases …

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 …

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 …

This paper deals with access to the file in competition proceedings conducted by the European Commission for the …

This paper empirically assesses the impact of the intensity of competition on investment in new technologies within the …-U relationship between competition intensity and investment. The intermediate level of competition intensity that maximizes … investment stands at 62 percent, whereby competition intensity is measured by 1-Lerner index at the firm level. This means that …

The Netherlands Authority for Consumers and Markets (ACM) has concluded that competition in the market for SME loans … running their businesses, it is particularly important that there is sufficient competition in the market. A lack of … competition could lead to higher funding costs for SMEs, worse service from banks, and less innovation.ACM has established that …

This paper investigates the relationship between competition and investment in the wireless industry from a dynamic …-U shaped, with an investment maximising intensity of competition at 60 or 63 percent, depending on whether capital expenditures … are normalised by the number of subscribers. This finding means that investment increases with competition as long as …

Energy products such as power, gas, and oil have long been the world's premier commodities. Consumers demand that power … boutique fuels and power, and allowing energy firms to restrict output and raise prices without fear of competition …. And it offers recommendations for how competition and energy regulators can work together to ensure that energy standards …