Jullien, Bruno and Lefouili, Yassine (2018) Horizontal mergers and innovation. TSE Working Paper, n. 18-892, Toulouse

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Abstract

This paper discusses the effects of horizontal mergers on innovation. We rely on the existing academic literature and our own research work to present the various positive and negative effects of mergers on innovation. Our analysis shows that, even in the absence of technological spillovers and R&D complementarities, the overall impact of a merger on innovation may be positive. We derive a number of policy implications regarding the way innovation effects should be handled by competition authorities in merger control and highlight the differences with the analysis of price effects.

Item Type: Monograph (Working Paper)
Language: English
Date: February 2018
Place of Publication: Toulouse
Uncontrolled Keywords: Merger Policy, Innovation, R&D Investments
JEL Classification: K21 - Antitrust Law
L13 - Oligopoly and Other Imperfect Markets
L40 - General
Subjects: B- ECONOMIE ET FINANCE
Divisions: TSE-R (Toulouse)
Institution: Université Toulouse 1 Capitole
Site: UT1
Date Deposited: 24 Apr 2018 11:07
Last Modified: 17 Jun 2021 08:54
OAI Identifier: oai:tse-fr.eu:32480
URI: https://publications.ut-capitole.fr/id/eprint/25857

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