August 18, 2005
F.M. Scherer on Innovation and Antitrust
Professor Scherer of Harvard University and Haverford College has released a working paper entitled "Technological Innovation and Monopolization", available at the AAI Website. I was fortunate enough to see a presentation of this interesting paper at a conference in Milan about a year ago. Professor Scherer concludes that while courts in general are able to deal with he monopolization-innovation trade-off, the legal process is often too slow to keep up with market and technological changes.
Apologies for the hiatus
I have been away in England and the Continent for the past six weeks, seeing, among things, software patents taking a hit in the EU. In any case, I hope to return to regular posting now that I am back on this side of the Atlantic. Please continue to send me material as appropriate. Also, consider guest blogging. Let me know if there is interest.