Do court-ordered breakups spur innovation?

Leon Taylor ()

Law and Economics from EconWPA

Abstract: Breaking up a monopoly may have stimulated innovation in oil refining over decades. In the shorter run, the immediate demand for oil may have spurred more innovation.

Keywords: oil; refining; antitrust; innovation; patents (search for similar items in EconPapers)
JEL-codes: K21 L42 L65 (search for similar items in EconPapers)
Date: 2001-05-16
Note: Type of Document - Microsoft Word 2000; prepared on Compaq Presario 1200; to print on HP; pages: 10 ; figures: 10 included
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwple:0105001

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