Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059154 | Economics Letters | 2014 | 5 Pages |
Abstract
â¢We analyze the effect of research joint ventures (RJVs) on consumer welfare.â¢We consider an international context when collusion can occur.â¢The recent literature shows that RJVs with collusion harm consumers.â¢However, international RJVs with collusion might be beneficial for consumers.â¢Antitrust authorities should be more benevolent with international RJVs.
We analyze the effect of research joint ventures (RJVs) on consumer welfare in an international context when collusion can occur. Our results suggest that antitrust authorities should distinguish between domestic and international RJVs and be more benevolent with international RJVs.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ricardo Flores-Fillol, Guiomar Ibañez-Zarate, Bernd Theilen,