The Organisation for Economic Co-operation and Development holds a roundtable on merger review in emerging high innovation markets

Key documents: Executive Summary with key findings, Detailled Summary of the discussion, Background note Executive summary, by the Secretariat Considering the discussion at the roundtable, the written submissions and the Secretariat’s issues paper, a number of key points emerge: (1) In many high innovation markets competition will tend to be more “for the market” than “in the market”. The Secretariat’s issue paper contained the following list of prominent characteristics of innovation intensive markets: − high R&D intensity and dependence on intellectual property rights (IPRs) coupled with a closely related heavy reliance on human instead of physical capital; − a high degree of technical complexity; − rapid technological change and short product cycles; − increasing returns to scale; −

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  • OECD - Competition Division (Paris)

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OECD, The Organisation for Economic Co-operation and Development holds a roundtable on merger review in emerging high innovation markets, 1 June 2002, e-Competitions June 2002, Art. N° 85738

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