transparency requirements help public firms soften competition and studies how that affects innovation aimed at displacing rivals …. We show that intermediately attractive innovation thrives best in private firms, as opportunities to soften competition … avoid competition when lacking a technological edge. Our predictions explain conflicting evidence regarding innovation in …

How far should an industry be allowed to consolidate when competition and innovation are endogenous? We develop a … between competition and innovation, with heterogeneity across time and productivity. Our counterfactual simulations suggest … the current rule-of-thumb policy, which stops mergers when three or fewer firms exist, strikes approximately the right …

mergers. Theoretical background is the still open question how negative effects of mergers on innovation should be taken into … account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …In this empirical study all mergers that have been challenged by the U.S. antitrust agencies FTC and DOJ between 1995 …

parameters, such a strategic distortion may result in an alignment or a misalignment of the direction in which innovation goes … relative to what is socially optimal. Moreover, prohibiting acquisitions may increase or decrease consumer surplus. The more …, the more likely is that consumers benefit (suffer) following an acquisition. These results are robust to acquisitions …

” commercialization. However, when focusing on downstream industry segments that bring patented technologies to market—“innovation” in an … concentration ultimately harms innovation, efficiency, consumer welfare, and democratic representation. It argues that patent law … provides prescriptions for enhancing industry entry through private ordering, federal innovation policy, and antitrust …

mergers. Theoretical background is the still open question how negative effects of mergers on innovation should be taken into … account in merger policy. Although we can show in our study that in one third of all challenged mergers also innovation …In this empirical study all mergers that have been challenged by the U.S. antitrust agencies FTC and DOJ between 1995 …

innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such … law that moves beyond apparent conflicts and assumes innovation as the starting point. Taking this as the foundation, the … analytical grid to be used to identify ways in which economic law impacts innovation, and second an applied component that …

for welfare. Despite an ever growing literature on innovation and competition policy, the latter is not well placed to … characteristic of disruptive innovation. In addition, competition authorities experience difficulties in acting quickly enough to …Disruptive innovation, according to business literature, occurs when an innovative product is brought to a market, such …

for analyzing the impact of mergers on innovation and is therefore also in line with the idea of a rule-based competition …) market concentration and innovation cannot be transferred one-to-one to the interrelationship between innovation competition … and innovation. By identifying and classifying the most relevant effects, which are decisive for the impact of mergers on …

innovation in high-technology markets. Traditionally, regulators focused on whether companies artificially hiked prices or … reduced output. Now, they're increasingly likely to look first at whether corporate behavior aids or impedes innovation. In … this paper, we examine whether innovation has displaced short-term price effects as the focus of antitrust enforcement by …