Innovation, price competition and the 'tilt' of competition policy

Economic Affairs

Volumn 22, Issue 4, 2002, Pages 25-31

  Stelzer, Irwin M ^a  

^a HUDSON INSTITUTE   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

COMPETITION POLICY; INNOVATION; PRICE DYNAMICS;

UNITED KINGDOM;

EID: 0036951626     PISSN: 02650665     EISSN: None     Source Type: Journal    
DOI: 10.1111/1468-0270.00380     Document Type: Article

References (16)

1. Determinants of Economic Growth: A Cross-Country Empirical Study, Cambridge, MA: MIT Press, 1997, p. 119.
2. Joseph A. Schumpeter, 'Economic Theory and Entrepreneurial History,' reprinted in Richard V. Clemence (ed.) Essays on Entrepreneurial Innovations, Business Cycles, and the Evolution of Capitalism, New Brunswick and Oxford: Transaction Publishers, 1989, p. 258.
3. The Worldly Philosophers: The Lives, Times and Ideas of the Great Economic Thinkers, New York: Simon & Schuster, 1972 (4th edn.) p. 309.
4. William J. Baumol, The Free Market Innovation Machine: Analysing the Growth Miracle of Capitalism, Princeton and Oxford: Princeton University Press, 2002, p. 15.
5. Joseph A. Schumpeter, Capitalism, Socialism, and Democracy, New York: Harper Brothers, 1942, p. 84.
6. The Public Interest, No. 149, Fall 2002, pp. 112-115.
7. The Antitrust Paradox: A Policy At War With Itself, New York: Basic Books, 1978, pp. 185 and 191.
8. Monopoly and Free Enterprise, New York: Twentieth Century Fund, 1951, pp. 110-111.
9. 'The Theory of Technological Competition,' in Joseph E. Stiglitz and G. Frank Mathewson (eds.) New Developments in the Analysis of Market Structure, Cambridge, MA: MIT Press, 1986, p. 521.
10. John H. Shenefield and Irwin M. Stelzer, The Antitrust Laws: a Primer, Washington, DC: AEI Press, 2001, chapter 10.
11. John H. Shenefield, '"Competitors" or "Competition"; Convergence or Divergence - Another Year in the Transatlantic Antitrust Conversation,' paper delivered at the IBC's 9th Annual Conference: Advanced EC Competition Law, 23 May 2002, mimeo, p. 6.
12. William J. Kolasky, Deputy Assistant Attorney General, Antitrust Division, US Department of Justice, 'Conglomerate Mergers and Range Effects: It's a Long Way from Chicago to Brussels,' address to George Mason University Symposium, Nash, D.C., November 2001.
13. 'Congress, as is its wont, produced pages and pages of loose rhetoric and flabby thinking in which many other benefits to be expected from antitrust legislation was advertised.' 'Epilogue,' pp. 427-428.
14. Stephen Martin, Industrial Economics: Economic Analysis and Public Policy, Englewood Cliffs, NJ: Prentice-Hall, 1994, pp. 45-50.
15. 'Competition Policy and Superior Economic Performance; You Can't Have One Without the Other,' lecture sponsored by the Smith Institute at 11 Downing Street, London, 15 November 2000, pp. 9-10
16. C. W. Guillebaud and Milton Friedman in the introduction to The Control of Industry by Sir Dennis Robertson and Stanley Dennison, Cambridge: Cambridge University Press, new edn., 1960, p.