From Innovation Markets to Innovation Spaces in Europe: A New Phrase is Not Innovation

European Competition Law Review, Vol. 42, pp. 30-40 (January 2021)

11 Pages Posted: 23 Dec 2022 Last revised: 19 Jul 2023

Date Written: January 1, 2021

Abstract

In Dow/Dupont the European Commission claims that it protects competition in an "Innovation Space." In such an "Innovation Space," the Commission claims, it can directly protect innovation. Yet in Dow/Dupont the Commission also said an "Innovation Space" is not an "Innovation Market." This article shows that, despite what the Commission claims, an "Innovation Space" is exactly the same as an "Innovation Market." Further, while the European Commission claims to protect competition in an "Innovation Space," it actually protects competition in a Future Market, a market for products which do not exist.

Keywords: Dow/Dupont, Innovation Space, Innovation Market, competition to innovate, European Commission

JEL Classification: K21

Suggested Citation

Landman, Lawrence, From Innovation Markets to Innovation Spaces in Europe: A New Phrase is Not Innovation (January 1, 2021). European Competition Law Review, Vol. 42, pp. 30-40 (January 2021), Available at SSRN: https://ssrn.com/abstract=4283786

Lawrence Landman (Contact Author)

Bridgeline Solutions ( email )

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New York, NY 10016
United States

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