A PYMNTS Company

IPRs, Competition and Standard Setting: In Search of a Model to Address Hold-Up

 |  October 29, 2012

Posted by D. Daniel Sokol

Valerio Torti (University of Southampton) discusses IPRs, Competition and Standard Setting: In Search of a Model to Address Hold-Up

ABSTRACT: Standard setting is a field where the interaction IPRs-competition clearly comes to light. Misleading behaviors by IPRs owners taking part in standards institutes may compromise the crucial goal of standardization activities: making consumers’ lives better. These conducts may ultimately be caught by competition rules. In order to limit the risks of unfair practices, it seems crucial to strike an optimal balance between the innovators’ interests and the standards bodies’ objectives.