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Innovation Matters

Innovation Matters PDF Author: Richard J. Gilbert
Publisher: MIT Press
ISBN: 026235862X
Category : Business & Economics
Languages : en
Pages : 337

Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available 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, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.

Innovation Matters

Innovation Matters PDF Author: Richard J. Gilbert
Publisher: MIT Press
ISBN: 026235862X
Category : Business & Economics
Languages : en
Pages : 337

Book Description
A proposal for moving from price-centric to innovation-centric competition policy, reviewing theory and available 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, and economists have developed tools for the quantitative evaluation of price impacts. Antitrust law does not preclude interventions to encourage innovation, but over time the interpretation of the laws has raised obstacles to enforcement policies for innovation. In this book, economist Richard Gilbert proposes a shift from price-centric to innovation-centric competition policy. Antitrust enforcement should be concerned with protecting incentives for innovation and preserving opportunities for dynamic, rather than static, competition. In a high-technology economy, Gilbert argues, innovation matters.

Application of Competition Policy to High-Tech Markets

Application of Competition Policy to High-Tech Markets PDF Author: Darryl R. Biggar
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description
This publication (of 119 pages) represents the proceedings of a roundtable on the application of competition policy to high-tech markets that was held at the OECD in April 1996. The proceedings include a background note from the US FTC and submissions from 2 OECD countries outlining the issues that have arisen in the application of competition law to high-tech sectors. Issues covered include the issues relating to the definition of the relevant market, the concept of innovation markets and economic factors affecting R&D expenditure.

Application of Competition Policy to High Tech Markets

Application of Competition Policy to High Tech Markets PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 119

Book Description


Competition Policy for Small Market Economies

Competition Policy for Small Market Economies PDF Author: Michal S. GAL
Publisher: Harvard University Press
ISBN: 0674037464
Category : Business & Economics
Languages : en
Pages : 337

Book Description
Michal Gal's thorough analysis shows the effects of market size on competition policy, ranging from rules of thumb to more general policy prescriptions, such as goals and remedial tools. Competition policy in small economies is becoming increasingly important, since the number of small jurisdictions adopting such policy is rapidly growing. Gal's focus extends beyond domestic competition policy to the evaluation of the current trend toward the worldwide harmonization of policies.

APPLICATION of Competition Policy to High Tech Market

APPLICATION of Competition Policy to High Tech Market PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Book Description


Anticipating the 21st Century

Anticipating the 21st Century PDF Author: United States. Federal Trade Commission
Publisher:
ISBN:
Category : Competition, International
Languages : en
Pages : 350

Book Description


Competition Law, Innovation and Antitrust

Competition Law, Innovation and Antitrust PDF Author: Hedvig Schmidt
Publisher: Edward Elgar Publishing
ISBN: 1849802351
Category : Law
Languages : en
Pages : 301

Book Description
. . . a must-read for anyone wanting to study tying in more detail. . . the book offers a very thorough analysis of tying, together with some recommended improvements to the way in which tying is currently assessed under the EU and the US antitrust rules. Common Market Law Review Schmidt s Competition Law, Innovation and Antitrust is a superb introduction to the subject of tying arrangements and other bundled sales in high technology markets, principally as they are treated under US antitrust law and EU competition law. Schmidt thoroughly assesses the economics of such arrangements, the benefits they confer and the potential harms they impose, and then gives a positive introduction to the law. This is a comprehensive treatment of its subject and an indispensible aid to the competition law scholar or practitioner. Herbert Hovenkamp, University of Iowa, College of Law, US This innovative book assesses the hotly debated topic of tying from three different perspectives: competition law, economics and intellectual property rights. It highlights the faults and benefits of the current approaches to tying under EC competition law and US antitrust law. In the light of modern economic thinking, the recent review of Article 82 EC, and Sherman Act, Section 2, the author identifies a more economic approach to tying that moves away from the per se illegality label that has so far impinged on tying case law. Hedvig Schmidt recognizes the significance that tying can play on innovation and product development, and thus suggests a new approach which carves out a safe haven for technological integrated products to ensure continuous stimulation of innovation. With comparative assessments and investigations, this book is a must-read for academics specializing in competition law and theory, as well as practitioners and policy-makers of competition law and intellectual property.

Competition Law and Regulation of Technology Markets

Competition Law and Regulation of Technology Markets PDF Author: Kevin Coates
Publisher: OUP Oxford
ISBN: 9780199575213
Category : Law
Languages : en
Pages : 0

Book Description
Competition Law and Regulation of Technology Markets takes a practical,integrated approach to EU and US competition law and regulation in the technology sector - including major trans-Atlantic cases such as Microsoft, Google/Doubleclick, and Intel, and important comparative issues such as refusal to supply (Microsoft, Trinko), margin squeeze (Deutsche Telekom, Telefonica, EU Guidance Paper, Linkline), communications regulation and data protection.

Dynamic Competition and Public Policy

Dynamic Competition and Public Policy PDF Author: Jerome Ellig
Publisher: Cambridge University Press
ISBN: 9780521782500
Category : Business & Economics
Languages : en
Pages : 298

Book Description
Scholars explore antitrust issues as these relate to dynamic industry competition and public policy.

Competing Through Innovation

Competing Through Innovation PDF Author: David J. Teece
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 528

Book Description
This cohesive collection brings together David J. Teece's most important work on the nexus of innovation and competition policy. He was one of the first to flag the importance of innovation issues to competition policy 25 years ago. He has also pioneered the application of economic and organizational principles to issues in the management of innovation. Throughout these essays, Professor Teece shows how technological advances, the advent of the Internet and other recent shifts in the global business landscape have placed businesses in a radically altered situation from even just a few decades ago. He clearly elucidates the need for both businesses and policymakers to adapt to this rapidly evolving landscape by embracing and fostering next-generation competition policies. Topics discussed include antitrust policy, technology strategies, competition policy, market power and intellectual property issues. Students and professors of business and management, innovation studies, intellectual property and competition lawyers will find this volume a critical asset to their work. Policymakers and regulators will also benefit immensely from this lucid and comprehensive collection.