Innovation, Competition and Antitrust: An Examination of the Intel Case

8 Pages Posted: 6 Jun 2011

See all articles by Luca Mazzone

Luca Mazzone

International Monetary Fund (IMF)

Alberto Mingardi

affiliation not provided to SSRN

Date Written: June 2011

Abstract

Microprocessor‐maker Intel has been subjected to the highest fine in the history of EU competition policy. Intel operates in a market with one other main supplier, a fact that seemed to provide grounds to those accusing it of abusing a dominant position. The authors argue that, in spite of the limited number of players, the microprocessor market showed the distinctive marks of dynamic competition: ever‐lower prices and ever‐growing innovation. Political considerations more than sound economic reasoning seem to be behind the EU antitrust decision.

Keywords: Competition, Intel, competition policy, high‐tech industries, antitrust, European Commission

Suggested Citation

Mazzone, Luca and Mingardi, Alberto, Innovation, Competition and Antitrust: An Examination of the Intel Case (June 2011). Economic Affairs, Vol. 31, Issue 2, pp. 68-75, 2011, Available at SSRN: https://ssrn.com/abstract=1857304 or http://dx.doi.org/10.1111/j.1468-0270.2011.02083.x

Luca Mazzone (Contact Author)

International Monetary Fund (IMF) ( email )

Alberto Mingardi

affiliation not provided to SSRN

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