ITIF：2025年重新思考反垄断：动态竞争政策的案例报告（英文版）

Static models treat competition as equilibrium, judging markets mainly by prices and market shares. This overlooks innovation and leads to flawed conclusions about long-term welfare.  Dynamic competition sees rivalry as an ongoing process of innovation and adaptation. It better captures how firms invest and compete in modern, fast-changing markets.  Hayek viewed competition as a discovery process wherein entrepreneurs test ideas and prices guide coordination. This constant search fuels effi