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 …

player. As a result, competition and market penetration - especially by way of international investment - has been curtailed …

at the retail level. A rapid price decline and a decline in revenues followed. Increased retail competition eventually … be justified on the basis of a lack of competition. …