Showing 1 - 10 of 1,130
Robert Bork's Antitrust Paradox (1978) has been justification for lack of antitrust behavior for over four decades. His … it to the other side of the market and eliminating producer's surplus - that much needed antitrust action has been … ignored by this narrow criterion. This analysis indicates that antitrust action is long overdue after considering two …
Persistent link: https://www.econbiz.de/10012804859
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 …
Persistent link: https://www.econbiz.de/10012438192
targeted by pro-competitive remedies, either under a competition policy framework or under a regulatory regime, remain highly … have limited impact in promoting competition in digital markets. I then propose a new set of tools aimed to identify the …
Persistent link: https://www.econbiz.de/10012805993
This paper provides a theory of strategic innovation project choice by incumbents and start-ups. We show that … prohibiting killer acquisitions strictly reduces the variety of innovation projects. By contrast, we find that prohibiting other … acquisitions only has a weakly negative innovation effect, and we provide conditions under which the effect is zero. Furthermore …
Persistent link: https://www.econbiz.de/10013330715
definition of markets is central to the legal enforcement of antitrust statutes, the paper examines non-transactional multisided … costs to the products being advertised, - Elimination (or non-emergence) of competition in markets to the products being …
Persistent link: https://www.econbiz.de/10012151937
Google are two-sided markets, their economic rents are "hidden" from the public (and, apparently, from the antitrust … examines the potential for antitrust cases against Facebook and Google as a response to their perceived threats to consumer … privacy, political influences and advertising dominance. The argument for antitrust action against them is based on the …
Persistent link: https://www.econbiz.de/10011990829
digital advertising and one-third of total advertising. Nevertheless, no serious antitrust case or legislation has addressed … this monopoly power. This paper examines the antitrust cases against Facebook and Google. In this paper, we attempt to go …
Persistent link: https://www.econbiz.de/10012010582
This paper investigates short-term effects of big tech start-up acquisitions on innovation empirically. Innovation … research has found a strong positive, causal relationship between VC investment and innovation. Using this insight, we can … explore the repercussions of big tech start-up acquisitions on innovation by examining their effects on venture capital (VC …
Persistent link: https://www.econbiz.de/10012805979
strive for framework conditions that enable or even better facilitate innovation as well as dynamic competition. Ultimately … rapid innovation cycle. Nonetheless, we are able to identify functions that enable rich interactions among consumers and … Applications (RIAs). Their constant innovation implies that they develop from baseline communications channels to applications that …
Persistent link: https://www.econbiz.de/10011778592
This paper investigates the impacts of the current roaming rules on domestic competition and welfare. We consider a … wholesale roaming charges can be sensitive to this regulatory regime. Since introducing a fair use clause in roaming regulation …
Persistent link: https://www.econbiz.de/10012804890