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measures and economic theory presents many tools to be able to do so. However, the impact of antitrust policy on innovation is … entrant does stymy innovation as there are then fewer firms operating in the same space, but in other cases, people launch … promoting innovation on the one hand, through the economies of scale allowable by knowing that components developed can be used …
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Market design applies economic principles to the often messy problems of real-world exchange in which goods may not be homogeneous, the identities of trading partners may matter, contracts may not be executed, and even the formulation of trade as balancing supply and demand may be unhelpful....
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