Horizontal Mergers and Innovation

Jullien, Bruno and Lefouili, Yassine (2018) Horizontal Mergers and Innovation. Journal of Competition Law and Economics, vol. 14 (n° 3). pp. 364-392.

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Official URL: http://tse-fr.eu/pub/32921

Abstract

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.

Item Type: Article
Language: English
Date: September 2018
Refereed: Yes
Uncontrolled Keywords: Merger Policy, Innovation, R&D Investments
JEL codes: K21 - Antitrust Law
L13 - Oligopoly and Other Imperfect Markets
L40 - General
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Site: UT1
Date Deposited: 07 Sep 2018 09:22
Last Modified: 04 Apr 2019 05:58
OAI ID: oai:tse-fr.eu:32921
URI: http://publications.ut-capitole.fr/id/eprint/26229

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