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Horizontal exchange of information - institutional impact on entrepreneurial activity

Keywords: Competition law , information exchange , entrepreneurship , efficiency , innovation

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Abstract:

Providing incentives for technological innovation (spurring the generation and utilisation of productive information), entrepreneurship and co-operation, and deterring opportunism are of the utmost importance for economic growth and maximisation of social welfare. This paper offers a legal evaluation of the optimal entrepreneurial incentive mechanisms under current anti-competitive enforcement practices and provides a legal and economic analysis of its economic and business impacts

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