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Author(s)

Morton Kamien

In this paper the question of how antitrust authorities can spur innovations that benefit the economy without creating barriers to subsequent entry that impair competition. This is done through critiques of three pieces of U.S. legislation that are meant to stimulate innovation and promote competition. Specifically, The Drug Price Competition and Patent Restoration Act, The Federal Insecticide, Fungicide, and Rodenticide Act, and The National Cooperative Research Act.
Date Published: 2005
Citations: Kamien, Morton. 2005. Accentuate the Positive Eliminate the Negative.