...Shapiro, the bulk of this literature (the “hold-up literature”) focuses on the risks of patent “hold-up” faced by firms implementing standards involving intellectual property rights (“IPRs”) by manufacturing standard-compliant products....
Mark Lemley and Carl Shapiro propose that standard-setting organizations (SSOs) mandate that their members henceforth submit to binding, final-offer arbitration (commonly called “baseball arbitration”) to set fair, reasonable, and nondiscriminatory...
Our interest in the economics of standard setting derives from our wish to understand the sources of market power arising in technology markets.1 In the past, it was common to...
...be an extremely effective vehicle for bringing together technology companies wishing to tap each other’s intellectual property assets, often allowing these parties to reach new markets or expand existing relationships....
On June 22, 2004, President Bush signed into law the Standards Development Organization Advancement Act of 2004 (H.R. 1086) (the “Act”), which provides antitrust safeguards to certain standards development organizations...
...important feature of electronic payment systems and thus standard setting under SEPA should incorporate a policy to address the ownership and licensing of essential intellectual property. Using examples from the...
...has violated the antitrust laws. That conclusion should come as no surprise to anyone following the case and Judge Jackson’s earlier rulings, but the decision is remarkable in many respects....
Policymakers face an increasing number of questions regarding whether markets efficiently choose technological standards. In this essay I survey the economic literature regarding standards, focusing on arguments that markets move...
In the earliest days of the World Wide Web, Web servers were well-connected to the Internet but not to the main information systems used by companies to operate their businesses....
On February 8, 2015, the Institute of Electrical and Electronics Engineers (IEEE) adopted a new patent policy for standards-essential patents (SEPs) in IEEE standards. This comes in the midst of...