More Views On Antitrust And Dynamic Competition

This blog has discussed dynamic competition several times recently, such as here and here. Very roughly, the idea is that innovation is the big driver of wealth creation and happens in a longer, more complex way than captured by neo-classical economics and some antitrust precedent. As previewed in our post about some of the highlights of the recent ABA Antitrust Section Spring Meeting, the Section's Antitrust Law Journal recently published the first part of a symposium on dynamic competition. Below, I briefly summarize the articles, outline some key common concepts, and discuss what I learned from my involvement in some of the matters discussed.

Article Summaries

Aurelien Portuese, the Founding Director of the George Washington University Competition & Innovation Lab, edits and kicks off the symposium with a primer on dynamic competition. Portuese argues that competition should be viewed more like a dynamic, evolutionary process and less like the neo-classical