{"title":"Merger policy in digital industries","authors":"Luís Cabral","doi":"10.1016/j.infoecopol.2020.100866","DOIUrl":null,"url":null,"abstract":"<div><p>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. My point is that it should primarily take the form of checking for abuses of dominant position, tightening consumer protection, and directly regulating dominant firms.</p></div>","PeriodicalId":47029,"journal":{"name":"Information Economics and Policy","volume":"54 ","pages":"Article 100866"},"PeriodicalIF":4.5000,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.infoecopol.2020.100866","citationCount":"40","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Information Economics and Policy","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0167624519302537","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 40
Abstract
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. My point is that it should primarily take the form of checking for abuses of dominant position, tightening consumer protection, and directly regulating dominant firms.
期刊介绍:
IEP is an international journal that aims to publish peer-reviewed policy-oriented research about the production, distribution and use of information, including these subjects: the economics of the telecommunications, mass media, and other information industries, the economics of innovation and intellectual property, the role of information in economic development, and the role of information and information technology in the functioning of markets. The purpose of the journal is to provide an interdisciplinary and international forum for theoretical and empirical research that addresses the needs of other researchers, government, and professionals who are involved in the policy-making process. IEP publishes research papers, short contributions, and surveys.