Countries with fully liberalized telecommunications markets have adopted different mixes of antitrust and sector-specific regulatory instruments. Does the balance between the two approaches matter for competitiveness? Drawing on the experiences of Australia, Chile, New Zealand, the United...

We review the burgeoning literature on two-sided markets focusing on the different definitions that have been proposed. In particular, we show how the well-known definition given by Evans is a particular case of the more general definition proposed by Rochet and Tirole. We then identify the...

RAND commitments—i.e., promises to license on reasonable and non-discriminatory terms— play a key role in standard setting processes. However, the usefulness of those commitments has recently been questioned. The problem allegedly lies in the absence of a generally agreed test to determine...

A few recent contributions to the literature have claimed that in high-tech industries -- where innovation is often cumulative and products include many components protected by patents held by many different patent holders – the cost of obtaining all necessary licenses is too high. Some have...

Striking the right balance in dealing with emerging issues at the intersection between competition and IPR's can present serious challenges. Damien Geradin & Hee-Eun Kim (Covington & Burling)

Firm structure and the degree of vertical integration lie at the core of a key intellectual property concern currently under debate: "patent trolls." While court opinions and competition agency decisions have focused on "non-practicing" patent holders as synonymous with trolls and hold up...