of competition law. This raises difficult questions about the relationship between competition and innovation as well as … what kind of assessment concepts competition authorities should use for investigating innovation effects, e.g., in merger … cases. This paper, on one hand, reviews briefly our economic knowledge about competition and innovation, and claims that it …

ordoliberal thought which has had a strong impact on EU competition policy and law. Outside Germany, ordoliberal thought is often … structure, efficiency (consumer welfare) as the result of competition rather than of an individual entrepreneurial market …

A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and evidence on … economic incentives for innovation. Competition policy and antitrust enforcement have traditionally focused on prices rather … than innovation. Economic theory shows the ways that price competition benefits consumers; and courts, antitrust agencies …