G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w8268
来源IDWorking Paper 8268
Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries
David S. Evans; Richard Schmalensee
发表日期2001-05-01
出版年2001
语种英语
摘要Competition in many important industries centers on investment in intellectual property. Firms engage in dynamic, Schumpeterian competition for the market, through sequential winner-take-all races to produce drastic innovations, rather than through static price/output competition in the market. Sound antitrust economic analysis of such industries requires explicit consideration of dynamic competition. Most leading firms in these dynamically competitive industries have considerable short-run market power, for instance, but ignoring their vulnerability to drastic innovation may yield misleading conclusions. Similarly, conventional tests for predation cannot discriminate between practices that increase or decrease consumer welfare in winner-take-all industries. Finally, innovation in dynamically competitive industries often involves enhancing feature sets; there is no sound economic basis for treating such enhancements as per se illegal ties.
主题Industrial Organization ; Antitrust
URLhttps://www.nber.org/papers/w8268
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/565866
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David S. Evans,Richard Schmalensee. Some Economic Aspects of Antitrust Analysis in Dynamically Competitive Industries. 2001.
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