Antitrust & Competition Policy Blog

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

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Tuesday, September 23, 2008

Standard-Setting, Innovation Specialists, and Competition Policy

Posted by D. Daniel Sokol

Schmalen Richard Schmalensee, Sloan School of Management, MIT, discusses Standard-Setting, Innovation Specialists, and Competition Policy in his latest working paper.

ABSTRACT: This paper investigates several competition policy questions related to standard-setting organizations (SSOs). Are compatibility standards agreed upon by competitors generally in the public interest? Should competition policy generally favor patent-holders who practice their patents against innovation specialists who do not? Should SSOs be encouraged - or even required - to conduct auctions among patent-holders before standards are set in order to determine post-standard royalty rates? Alternatively, should antitrust policy allow or encourage collective negotiation of royalty rates?

http://lawprofessors.typepad.com/antitrustprof_blog/2008/09/standard-settin.html

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