This paper deals with the intersection between intellectual property licensing and competition. It was prepared as a background note for a discussion held at the OECD in June 2019 on independent sector regulators.

"The hegemonic transition between British world power and American was the most drawn-out in the history of the world-system, starting in 1861. After 1919, America competed successfully with Britain in three main technological arenas: international transportation, international communication,...