Disruptive Innovation and Antitrust

Disruptive Innovation and Antitrust

Disruptive innovation is relevant for antitrust policy, yet it has received scant attention in the literature and in the decision practice. Building on previous work, this paper seeks to provide an expanded analysis of how disruptive innovation can be integrated more...
Understanding Dynamic Competition

Understanding Dynamic Competition

New Perspectives on Potential Competition, Monopoly, and Market Power This paper puts forward the thesis that monopoly is not a situation of high market share; nor is it simply characterized by high profits or prices above marginal cost. The monopoly of concern...