| Abstract: | This paper discusses the issue of competition policy and innovation. First, a short review on the theoretical analysis of competition and innovation is provided, relying on the recent book by Aghion and Griffith (2005 ). Then, we examine how such innovation related issues as collaborative research, patent pool, merger in the technology intensive sector and bundling in the software industry are treated under Japan's Anti‐Monopoly Act. We contend that traditional competition policy framework is capable of dealing with innovation related issues but there are several points that should be kept in mind when competition policy deals with innovation related issues. |
