US EditionNobel Prize Winners’ Work Supports Dynamic Antitrust Enforcement
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The 2025 Nobel Prize in Economics will be awarded to three scholars for their contributions to the study of "innovation," highlighting its importance. This reminds me of April 1999, when Professor Michael Porter, hailed by Taiwanese media as a "master of competitiveness," once again delivered a "high-priced" lecture in Taiwan. Despite being described as "expensive," the packed house suggested that many were disappointed, making the ticket price …
Nobel Prize Winners’ Work Supports Dynamic Antitrust Enforcement
Antitrust should center on dynamic market forces that drive major technological change, rather than on static “big is bad” market analysis, based on the work of the 2025 economics Nobel Prize winners. Antitrust enforcers in the United States and around the world could benefit by incorporating these insights into their policy development. Focus on Dynamic Competition The work of the 2025 Nobel laureates in economics—Joel Mokyr, Philippe Aghion, a…
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