id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
cblr-11893	Rooney, William H.; Lee, Colin; Payne, Amanda M.	Taking Innovation Seriously: A Dynamic Competition Model for Antitrust Law 	2023	35	.pdf	application/pdf	11683	496	48	The current antitrust framework, as illustrated by merger law and the agency guidelines that bear on that law, emphasizes static, demand-side conditions in defining markets and assessing likely anticompetitive effects. [Vol. 2023 “Dynamic Competition Model” (“DCM”) presented by Professor David Teece in the 2022 William Howard Taft Lecture holds that, from the perspective of economics, innovation is a, if not the, primary engine that drives competition.2 The purpose of this Introduction is to explore how antitrust law could consider innovation more centrally in defining markets and assessing competitive effects within the burden-shifting mechanisms that apply to merger and rule of reason analyses.	cache/cblr-11893.pdf	txt/cblr-11893.txt