. Even if market concentration and technological disadvantages lead to a significant welfare reduction after merger, from …

Using data from the US automobile market, we empirically examine the link between competition and innovation … interesting market to examine the link between competition and innovation. We use firm-level time-series data over a long horizon … relationship is reasonably non-linear; (2) higher market-wide competition results in an increase in patenting, and the relationship …

can lead to a softer merger policy when competition is weaker. … merger between regulated firms when cost synergies are uncertain before the merger and their realization becomes private … information of the merged firm. The optimal merger policy trades off potential cost savings against regulatory distortions from …

anticompetitive effects of mergers, is insufficient to capture innovation competition in its full extent. As a consequence, the aim of … assessment of anticompetitive innovation effects in merger review. By focusing on the applied U.S. Antitrust, it turns out that … none of the existing approaches seems to be appropriate to fully account for innovation competition. However, the …