...royalty rates. The SEP-holders’ ability to hold-up is constrained by the prospect of the court-imposed license terms in case of disputes, but is not completely eliminated. Possible mechanisms to address...
...companies have by and large focused on cooperating in pursuit of standards and specifications that seek to define a common method for handling everyday computing, networking, information-sharing and connectivity issues...
...In both legal systems, a remedy is the corrective measure that a court or an administrative agency orders following a finding that one or several companies had either engaged in...
...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....
...the threat of seeking an injunction in courts for their patent rights. Yet, no clear evidence has been offered by the literature regarding any systematic effects of these so-called SEPs...
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....
...if they follow the notice procedures in the statute and conduct their activities within the scope of that notice. Recognizing that standard setting can promote competition, such as by ensuring...
...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....