Merger policy in digital industries
Information Economics and Policy(2021)
摘要
•I present a cautionary note on the proposal to tighten merger policy in the high-tech space.•The discouragement effect on innovation could be significant.•This is not to say that increased policy enforcement is not called for. On the contrary.•Enforcement should primarily take the form of checking for abuses of dominant position, tightening consumer protection, and directly regulating dominant firms.
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关键词
merger policy,digital industries
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