Showing 1 - 10 of 599
Severe limitations on antitrust enforcement officials’ knowledge and the potential impact of ill-advised investigations … single-firm conduct. Although it is common to depict antitrust enforcement as protecting market competition while other forms … of regulation are seen as intrusions (justifiable or not) into market operation, antitrust enforcement has …
Persistent link: https://www.econbiz.de/10014166211
This paper gives a fresh account of competition in the digital economy. Economic analysis in the field of industrial organization remains largely focused on a sophisticated version of the Schumpeter-Arrow debate, which is unresolved and largely irrelevant. We posit the need to look at...
Persistent link: https://www.econbiz.de/10013238612
Severe limitations on antitrust enforcement officials' knowledge and the potential impact of ill-advised investigations … single-firm conduct. Although it is common to depict antitrust enforcement as protecting market competition while other forms … of regulation are seen as intrusions (justifiable or not) into market operation, antitrust enforcement has …
Persistent link: https://www.econbiz.de/10013099514
Patent law assumes that stronger protection promotes innovation, yet empirical evidence to test this “innovation hypothesis” is lacking. This Article argues that historical case studies hold unique promise to provide an empirical foundation for modern patent policy. Specifically, this...
Persistent link: https://www.econbiz.de/10014192471
This paper looks at whether the standard unilateral effects model can be applied to non-price competition parameters such as innovation. This question arises because competition authorities are intervening in horizontal mergers that are found to give rise to a “significant impediment to...
Persistent link: https://www.econbiz.de/10012852989
Huge amounts of money will soon be spent by governments and private entities to develop technology to reduce the costs of climate change mitigation and adaptation, and to deploy new energy and transportation infrastructures. Incredibly, we still lack any good idea of the best means of providing...
Persistent link: https://www.econbiz.de/10014150354
This slide deck reviews the extant empirical literature on common ownership concentration on firm behavior, innovation, and product market outcomes, as presented at the FTC hearings on common ownership and competition in December 2018. It is primarily based on this literature review:...
Persistent link: https://www.econbiz.de/10012859363
Standard-setting activities, which aim to achieve device interoperability and product compatibility, play a fundamental role in fostering innovation and competition in a variety of markets. Such activities, typically carried out by armies of engineers, would generally not be expected to...
Persistent link: https://www.econbiz.de/10014054401
“Software platforms are the invisible engines that have created, touched, or transformed nearly every major industry for the past quarter century. They power everything from mobile phones and automobile navigation systems to search engines and web portals. They have been the source of enormous...
Persistent link: https://www.econbiz.de/10012996908
In 2005 the FDA approved BiDil, the first drug ever to include a race-specific indication on its label - to treat heart failure in a “black” patient. In the aftermath of this controversial approval and subsequent marketing of the drug, many have wondered whether BiDil was an anomaly or a...
Persistent link: https://www.econbiz.de/10014194923