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This paper discusses the problem of strategic accumulation of patents in the pharmaceutical industry. In the academic legal discussion this strategy is often confused with the notion of patent thickets. It will be argued, however, that these two strategies, although sharing similar features,...
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-period competition, but simultaneously removes constraints to successful future innovation. The choice of whether to vigorously pursue … (2007) to study patent litigation strategy and rates of innovation. We show that a legal regime where infringement is … strategy effect may reduce levels of innovation. Antitrust policy should seek to attenuate this effect, and may do so by …
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