The innovation theory of harm in merger control: Some clarifications

Tommaso Valletti

Economics Letters, 2025, vol. 255, issue C

Abstract: Recent literature has analyzed the unilateral effects of mergers on investment and innovation. This note explores the Innovation Theory of Harm from a policy perspective, clarifying possible conceptual misunderstandings and identifying directions for future research.

Keywords: Mergers; Innovation; R&D; Consumer welfare; Competition policy (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:255:y:2025:i:c:s0165176525003933

DOI: 10.1016/j.econlet.2025.112556

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