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power problem. Further that dysfunction in the U.S. antitrust institutions, and their failure to protect competition, has … a central tool of economic control. Its main purpose is not, however, to debate the condition of competition in the US … commitments and the capacity of responsible public institutions (competition agencies, new regulators and the courts) to produce …
Persistent link: https://www.econbiz.de/10012841656
Persistent link: https://www.econbiz.de/10012907038
Periods of profound innovation and technological change invariably result in short run winners and losers. The rise of … big box retailers like Wal-Mart, as well as the existence of large supermarket chains, has led competition authorities to … supermarket grocery retail sector. Some in competition policy circles in the United States and Europe claim that there is …
Persistent link: https://www.econbiz.de/10014062428
of competition in the digital marketplace. The comments focus on the third topic identified by the Committee:"Whether the … of effective delivery of proposals to expand competition policy in the US …
Persistent link: https://www.econbiz.de/10014096413
Given the link between innovation and economic growth, the stakes of “getting it right” in high-tech antitrust are high … competition policy as well as the large gaps of empirically-validated theory in the economic literature on competition and … innovation. The traditional problem of identifying and distinguishing pro-competitive from anticompetitive conduct faced by …
Persistent link: https://www.econbiz.de/10013115695
countries is long overdue: the treatment of public policies that suppress competition. Whereas the European Union (“EU”) and … to enact laws that restrain competition. Further, individual groups are largely free to lobby for laws designed to erect … available to both public and private enforcers of the U.S. antitrust laws to challenge state-imposed restraints on competition …
Persistent link: https://www.econbiz.de/10014039873
principles: that antitrust’s goal is to promote consumer welfare by ensuring output-enhancing market competition; that antitrust …
Persistent link: https://www.econbiz.de/10013214851
This paper evaluates the recent literature claiming that the US economy has generally become less competitive causing the US economy to perform poorly and that lax antitrust policy is one important reason for the decline in economic performance. Although there certainly are empirical facts...
Persistent link: https://www.econbiz.de/10012829706
economic effects of these types of mergers on market competition, focusing on digital media content distribution. In doing so … concerning? (ii) Would vertical or horizontal integration be more preferable for overall welfare and competition in this industry … concentrated U.S. market for audiovisual content the process of further vertical integration creates concerns from a competition …
Persistent link: https://www.econbiz.de/10012011207
This paper examines how market competition affects the intensity and breadth of innovation. I assembled a unique … between price competition and innovation. When collusion suppressed price competition, colluding firms increased patent … technology classes increased by 30%. When competition was restored by collusion breakdown, the increased and broadened innovation …
Persistent link: https://www.econbiz.de/10012844444