Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Thursday, June 12, 2008

Antitrust Economics for Attorneys: Economics Fundamentals of Innovation and Intellectual Property

Posted by D. Daniel Sokol

For those that will be in DC, a free and very worthwhile lecture to attend is Antitrust Economics for Attorneys: Economics Fundamentals of Innovation and Intellectual Property.

American Bar Association’s Section of Antitrust Law Economics and Intellectual Property Committees

Present a Brown Bag

July 23, 2008
9:00AM -12:30PM

"Antitrust Economics for Attorneys: The Economics of Innovation and Intellectual Property "

This is another of our continuing programs on Antitrust Economics for Attorneys.

Our panel of experts will cover the fundamental economics of innovation and intellectual property rights, highlighting issues of importance to antitrust attorneys.  The session will begin with a primer on the economics of innovation, including the incentives for innovation, and how the appropriability of the fruits of innovation affects those incentives.  Then the various forms of IP protection will be discussed from an economics perspective, including common law, copyright, trademark, patents, and trade secrets.  The rest of the program will cover the basic economic issues arising from innovation and intellectual property, with an emphasis on their antitrust implications.  We will conclude the session with an economic evaluation of the 1995 IP Antitrust Guidelines and the 2007 update.

MODERATOR: Clay Everett, Morgan Lewis

“FACULTY”:   Anne Layne-Farrar, LECG
                     Lauren Stiroh, NERA

LOCATION      Morgan Lewis
                     1111 Pennsylvania Ave., NW

**You can attend this program in person ONLY.**

RSVP Terria Mayo, LECG,, 202-973-0299.  (We will need your name for security clearance).

John Clay Everett, Jr. is a partner in Morgan Lewis’s Antitrust Practice. Mr. Everett’s practice spans a wide range of antitrust matters, from civil and criminal antitrust litigation, to representing clients in merger and non-merger investigations before the FTC and DOJ, to counseling clients in diverse industries on a wide variety of practices. Mr. Everett’s practice has a particular focus on counseling and litigating issues at the intersection of antitrust and intellectual property law. He has represented plaintiffs and defendants in antitrust counterclaims asserted in patent litigation and has written and spoken extensively on the application of the U.S. antitrust laws to the acquisition, licensing, and enforcement of intellectual property rights.

Dr. Anne Layne-Farrar is a Director in LECG’s Global Competition Policy Group. She specializes in antitrust matters where the core issues are at the intersection of intellectual property economics and competition policy. She advises clients on competition, regulatory, and intellectual property issues across a range of industries with a focus on high-tech.  Her advisory work for industry leading clients has included: analyzing RAND licensing practices within an antitrust context; assessing technology markets for mergers; evaluating intellectual property issues for pharmaceuticals; and assessing incentives and firm behavior within standard setting organizations. She has published widely on the economics of
intellectual property.

Dr. Lauren Stiroh is a Senior Vice President with NERA Economic Consulting. She specializes in the economics of antitrust, intellectual property, and commercial damages. Dr. Stiroh has written and testified on the subject of intellectual property value and valuation. She has assessed and critiqued damages from patent, copyright, and trademark infringement in industries including semiconductors, biotechnology, pharmaceuticals, medical devices, and consumer products. Much of Dr. Stiroh's work and research focuses on the intersection of antitrust and intellectual property litigation. She has analyzed market power in technology markets and evaluated licensing arrangements, including tying and patent pooling. In addition, she is a co-editor and contributing author of Economic Approaches to Intellectual Property Policy, Litigation and Management, published in 2005. In 2002, Dr. Stiroh took part in the US Department of Justice and Federal Trade Commission joint hearings on "Competition and Intellectual Property Law and Policy in the Knowledge-Based Economy."

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