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 …

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 … impede effective competition as regards innovation both in innovation spaces where the Parties' lines of research and early …

discussed tradeoffs between innovation and price competition. I summarize recent developments in our knowledge of the … relationship between competition and innovation, highlighting the deficiencies that significantly constrain antitrust enforcers …Harold Demsetz once claimed that 'economics has no antitrust relevant theory of competition.' Demsetz offered this …

This essay is the introduction to a forthcoming volume entitled, Regulating Innovation: Competition Policy and Patent … relationship between regulation - both through competition policy and patent law - and innovation, and the corresponding … competition or facilitating innovation. This essay and the chapters in this book, approach this critical set of problems from an …

This is a survey of the economic principles that underlie antitrust law and how those principles relate to competition …

The importance of economics to the analysis and enforcement of competition policy and law has increased tremendously in … the developed market economies in the past forty years. In younger and developing market economies, competition law itself … competition law enforcement in developed market economies in focusing investigations and in assisting decision makers in …

-sided markets. But the Supreme Court is poised to bring platform competition to antitrust's frontier, as its impending decision in …

local economy and an intensity of local competition do not matter. Furthermore, the effectiveness of antimonopoly policy in …