Competition policy and market leaders

被引:9
|
作者
Zigic, Kresimir
Maci, Ilir [1 ]
机构
[1] Charles Univ Prague, CERGE EI, Prague 11121 1, Czech Republic
关键词
Market leaders; Competition policy; Innovation K21; L11; L13; L16; US V. MICROSOFT; PRICE LEADERSHIP; ENTRY; MODEL;
D O I
10.1016/j.econmod.2010.11.024
中图分类号
F [经济];
学科分类号
02 ;
摘要
We study the potential loss in social welfare and changes in incentives to invest in R&D that result when the market leading firm is deprived of its position. We show that under plausible assumptions like free entry or repeated market interactions there is a social value of market leadership and its mechanical removal by means of competition policy is likely to be harmful for society. (C) 2010 Elsevier B.V. All rights reserved.
引用
收藏
页码:1042 / 1049
页数:8
相关论文
共 50 条
  • [21] COMPETITION POLICY IN THE COMMON-MARKET - ITS LINKS WITH REGIONAL POLICY
    DEACON, D
    REGIONAL STUDIES, 1982, 16 (01) : 53 - 63
  • [22] THE INTERDEPENDENCE OF COMPETITION POLICY, CONSUMER POLICY AND REGULATION IN INTRODUCING AND SAFEGUARDING EFFECTIVE COMPETITION IN THE EU TELECOMMUNICATIONS MARKET
    Bartels, Andreas
    Plesea, Doru Alexandru
    Studeny, Michael
    Just, Vanessa
    AMFITEATRU ECONOMIC, 2017, 19 (45) : 367 - 380
  • [23] Information disclosure, product market competition and payout policy
    Ho, Kung-Cheng
    Lee, Shih-Cheng
    Pan, Lee-Hsien
    PACIFIC-BASIN FINANCE JOURNAL, 2024, 86
  • [24] THE GROWTH OF MARKET INQUIRIES IN AFRICA AS A COMPETITION POLICY TOOL
    Morphet, Lesley
    AUSTRALIAN JOURNAL OF COMPETITION AND CONSUMER LAW, 2024, 32 (03):
  • [25] Labor Market Concentration and Competition Policy Across the Atlantic
    Araki, Satoshi
    Bassanini, Andrea
    Green, Andrew
    Marcolin, Luca
    Volpin, Cristina
    UNIVERSITY OF CHICAGO LAW REVIEW, 2023, 90 (02): : 339 - 378
  • [26] Municipal Solid Waste, Market Competition and the EU Policy
    Reggiani, Carlo
    Silvestri, Francesco
    ENVIRONMENTAL & RESOURCE ECONOMICS, 2018, 71 (02): : 457 - 474
  • [27] MARKET STRUCTURE AND PRIVATIZATION POLICY UNDER INTERNATIONAL COMPETITION
    Matsumura, Toshihiro
    Tomaru, Yoshihiro
    JAPANESE ECONOMIC REVIEW, 2012, 63 (02) : 244 - 258
  • [28] Market Structure and Privatization Policy under International Competition
    Toshihiro Matsumura
    Yoshihiro Tomaru
    The Japanese Economic Review, 2012, 63 : 244 - 258
  • [29] THE ROLE OF THE COMPETITION POLICY IN FORGING THE EUROPEAN COMMON MARKET
    Musetescu, Radu-Cristian
    Dima, Alina
    Paun, Cristian
    ROMANIAN JOURNAL OF EUROPEAN AFFAIRS, 2008, 8 (04) : 63 - 74
  • [30] CEO turnover, product market competition, and leverage policy
    Cao, Cathy Xuying
    Chen, Chongyang
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2023, 90