Schumpeterian economics

Innovation Matters – Rethinking Antitrust in the Age of High-Tech Innovation

Summary of the Book:

Innovation Matters by economist Richard J. Gilbert presents a bold and timely rethinking of competition policy in today’s fast-evolving technological economy. Rather than focusing solely on price impacts, this book proposes an innovation-centric framework for antitrust enforcement—one that better reflects the dynamics of modern digital markets. Gilbert examines why existing laws, though not inherently restrictive, have been interpreted in ways that hinder proactive innovation policy. With a deep dive into both theory and real-world cases, the book is a crucial resource for policymakers, legal professionals, economists, and tech industry stakeholders.