We investigate whether patents that are jointly held by legally independent companies help sustain product-market collusion. We use a simple model of repeated interactions to show that joint patents can serve collusive purposes. Our model generates two testable predictions: when joint patents...

Almost two years ago, on 16 July 2015, Europe's highest court, the European Court of Justice (CJEU), handed down its much anticipated judgment in the widely publicized Huawei/ZTE saga regarding standards-essential patents (SEPs). The question put before the Court was in what circumstances a SEP...

Data is the new oil'1 is a sentence that gets thrown around a lot these days and for good reason. Data is the new kid in town. Where in the past, barely anyone seemed to care about its potential, its meteoric rise and the thousands of new companies using it as the foundation for their business...

The issue of the commercialization of patents, as an exemplification of the industrial property, is mostly considered at the microeconomic level. Patent commercialization belongs to the innovation management process, which takes place in innovative organizations. Such microeconomic research...

This paper makes a critical review of the introduction of first 3G mobile services and the evolution of market structure. There is evidence in support of to the quot;overbiddingquot; hypothesis, i.e. license fees determined in auctions were higher than ultimately compatible with the originally...

In a landmark decision in the matter Huawei v ZTE, the Court of Justice of the European Union (CJEU) established a well-balanced framework for the licensing of Standard Essential Patents (SEPs) on Fair, Reasonable and Non-Discriminatory (FRAND) terms and conditions. Following this judgement,...