JOURNAL OF EUROPEAN COMPETITION LAW & PRACTICE
For years, competition agencies around the world have evaluated in different ways whether and how mergers affect competition. Their main focus has been price effects. Simply stated, the standard analysis has been to assess how the concentration resulting from a merger may affect output and prices in a certain market. In the last few years, however, agencies have also examined whether mergers may affect competition in innovation; that is, competition to launch products that are new, better, or more effective or efficient than those already available in the market.
Until recently, the approach followed to assess the effects…
Published by Oxford University Press. Authors: