Abstract

http://ssrn.com/abstract=583708
 
 

Citations (9)



 
 

Footnotes (131)



 


 



Merger Policy and Innovation: Must Enforcement Change to Account for Technological Change?


Michael L. Katz


University of California, Berkeley - Economic Analysis & Policy Group

Howard A. Shelanski


Georgetown University

August 2004

NBER Working Paper No. w10710

Abstract:     
Merger policy is the most active area of U.S. antitrust policy. It is now widely believed that merger policy must move beyond its traditional focus on static efficiency to account for innovation and address dynamic efficiency. Innovation can fundamentally affect merger analysis in two ways. First, innovation can dramatically affect the relationship between the pre-merger marketplace and what is likely to happen if a proposed merger is consummated. Thus, innovation can fundamentally influence the appropriate analysis for addressing traditional, static efficiency concerns. Second, innovation can itself be an important dimension of market performance that is potentially affected by a merger. We explore how merger policy is meeting the challenges posed by innovation.

Number of Pages in PDF File: 74

working papers series


Download This Paper

Date posted: September 14, 2004  

Suggested Citation

Katz, Michael L. and Shelanski, Howard A., Merger Policy and Innovation: Must Enforcement Change to Account for Technological Change? (August 2004). NBER Working Paper No. w10710. Available at SSRN: http://ssrn.com/abstract=583708

Contact Information

Michael Louis Katz (Contact Author)
University of California, Berkeley - Economic Analysis & Policy Group ( email )
Berkeley, CA 94720
United States
Howard A. Shelanski
Georgetown University ( email )
Washington, DC 20057
United States
Feedback to SSRN


Paper statistics
Abstract Views: 2,691
Downloads: 113
Download Rank: 138,392
Citations:  9
Footnotes:  131
Paper comments
No comments have been made on this paper

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo6 in 0.312 seconds