“Innovation Matters is a timely and important book that pulls together the latest economic thinking about innovation, takes us far beyond the sterile ArrowSchumpeter debate, and sets out a compelling roadmap for improving antitrust law.”
– A. Douglas Melamed, Professor of the Practice of Law, Stanford Law School
“How should one rethink competition policy in the world of hightech firms? Using a skillful mix of economic reasoning and illuminating case studies, Richard Gilbert explains why the solution is to move towards a reformed antitrust policy: one that also targets mergers that discourage innovation and new entry. This fascinating book is an absolute mustread for all scholars and policy makers interested in innovation and its relationship with market competition and the new hightech economy.”
– Philippe Aghion, Professor at Collège de France and London School of Economics
“There is no better guide for understanding the connection between antitrust enforcement and innovation than the work of Richard Gilbert.”
– The Antitrust Source
Chapter 1 Introduction
Chapter 2 Should Competition Policy Differ for the High-Technology Economy?
Chapter 3 Competition and Innovation Basics: Arrow versus Schumpeter
Chapter 4 Dynamics, Cumulative Innovation, and Organizational Theories
Chapter 5 Merger Policy for Innovation
Chapter 6 Competition and Innovation: Empirical Evidence
Chapter 7 Merger Enforcement for Innovation: Examples and Lessons for Remedies
Chapter 8 “We Are Going to Cut Off Their Air Supply”: Microsoft and Innovation Harm From Exclusionary Conduct
Chapter 9 “Where is Foundem?”: The Google Shopping Case and Antitrust Policy for Product Design
Chapter 10 Competition Policy for Standards
Chapter 11 Some Concluding Remarks on Innovation-Centric Competition Policy
Acknowledgments
Notes
References
Index
