| Description |
1 online resource |
| Contents |
Intro -- Title Page -- Copyright -- Dedication -- Table of Contents -- 1. Introduction -- 2. Should Competition Policy Differ for the High-Technology Economy? -- 3. Competition and Innovation Basics: Arrow versus Schumpeter -- 4. Dynamics, Cumulative Innovation, and Organizational Theories -- 5. Merger Policy for Innovation -- 6. Competition and Innovation: Empirical Evidence -- 7. Merger Enforcement for Innovation: Examples and Lessons for Remedies -- 8. "We Are Going to Cut Off Their Air Supply": Microsoft and Innovation Harm from Exclusionary Conduct |
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9. "Where Is Foundem?" The Google Shopping Case and Antitrust Policy for Product Designs -- 10. Competition Policy for Standards -- 11. Some Concluding Remarks on Innovation-Centric Competition Policy -- Acknowledgments -- References -- Index |
| Summary |
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 |
| Analysis |
ECONOMICS/Industrial Organization |
|
BUSINESS/Innovation |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Title from resource description page (Recorded Books, viewed June 22, 2020) |
| Subject |
High technology industries.
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Competition.
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Antitrust law -- Economic aspects
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Consolidation and merger of corporations -- Law and legislation -- Economic aspects
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Law.
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LAW / Antitrust.
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Antitrust law -- Economic aspects.
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Competition.
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Consolidation and merger of corporations -- Law and legislation -- Economic aspects.
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High technology industries.
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Law.
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| Form |
Electronic book
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| Author |
Recorded Books, Inc.
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| LC no. |
2019039525 |
| ISBN |
9780262358620 |
|
026235862X |
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0262358638 |
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9780262358637 |
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