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- handle: 10670/1.ll4e73
- hal: hal-03263838
- doi: 10.1093/joclec/nhy010
- WOS: 000460625200002
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info:eu-repo/semantics/altIdentifier/doi/10.1093/joclec/nhy010
Mots-clés
Merger Policy Innovation R&D Investments K - Law and Economics/K.K2 - Regulation and Business Law/K.K2.K21 - Antitrust Law L - Industrial Organization/L.L1 - Market Structure, Firm Strategy, and Market Performance/L.L1.L13 - Oligopoly and Other Imperfect Markets L - Industrial Organization/L.L4 - Antitrust Issues and Policies/L.L4.L40 - GeneralSujets proches
Methods of analysis Analysis and chemistry Analytical methods Chemical analysis Analysis methods Analysis and examinationCiter ce document
Bruno Jullien et al., « Horizontal mergers and innovation », HAL-SHS : économie et finance, ID : 10.1093/joclec/nhy010
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Résumé
This paper discusses the effects of horizontal mergers on innovation. We rely on the existing academic literature and our own research to present the various positive and negative effects of mergers on innovation. Our analysis shows that the overall impact of a merger on innovation may be either positive or negative and sheds light on the circumstances under which each of these scenarios is likely to arise. We derive a number of policy implications regarding the way innovation effects should be handled by competition authorities in merger control and highlight the di§erences with the analysis of price effects.