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Antitrust in innovative industries
| Content Provider | Library of Congress - Books/Printed Material |
|---|---|
| Author | Whinston, Michael Dennis Segal, Ilya. |
| Temporal Coverage | 2005 |
| Copyright Year | 2005 |
| Abstract | "We study the effects of antitrust policy in industries with continual innovation. A more protective antitrust policy may have conflicting effects on innovation incentives, raising the profits of new entrants, but lowering those of continuing incumbents. We show that the direction of the net effect can be determined by analyzing shifts in innovation benefit and supply holding the innovation rate fixed. We apply this framework to analyze several specific antitrust policies. We show that in some cases, holding the innovation rate fixed, as suggested by our comparative statics results, the tension does not arise and a more protective policy necessarily raises the rate of innovation"--National Bureau of Economic Research web site. |
| Language | English |
| Publisher | National Bureau of Economic Research |
| Publisher Place | Cambridge, MA |
| Part of Series | Catalog |
| Requires | HTML5 supported browser |
| Access Restriction | Open |
| Subject Keyword | Antitrust Law Economic Aspects Technological Innovations |
| Subject Domain (in LCSH) | Technological innovations--Economic aspects |
| Subject Domain (in LCSH) | Antitrust law |
| Subject Domain (in LCC) | HB1 |
| Content Type | Text |
| Resource Type | Book |
