Competition policy and market leaders

0359253 - NHÚ 2012 RIV NL eng J - Článek v odborném periodiku
Žigić, Krešimir - Maci, Ilir
Competition policy and market leaders.
Economic Modelling. Roč. 28, č. 3 (2011), s. 1042-1049. ISSN 0264-9993. E-ISSN 1873-6122
Grant CEP: GA MŠMT LC542
Výzkumný záměr: CEZ:AV0Z70850503
Klíčová slova: competition policy * innovation
Kód oboru RIV: AH - Ekonomie
Impakt faktor: 0.701, rok: 2011

We study the potential loss in social welfare and changes in incentives to invest in R&D that result when the market leading firm is deprived of its position. We show that under plausible assumptions like free entry or repeated market interactions there is a social value of market leadership and its mechanical removal by means of competition policy is likely to be harmful for society.
Trvalý link: http://hdl.handle.net/11104/0197071