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18min chapter
S1 E1: Economics of Creative Destruction with Ufuk Akcigit from the University of Chicago
The Innovation and Diffusion Podcast
Market Power, Innovation, and Competition Policy
The chapter explores the impact of market power on innovation dynamism, the strategies used by market leaders like Apple and Amazon, and the challenges faced in promoting fair competition and innovation. It also discusses the importance of adapting competition policies to the fast-evolving landscape, the role of politicians in economic growth, and the risks associated with closing borders to hinder technology diffusion.
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