Standard Setting, Patents, and Competition Law Enforcement—The Need for U.S. Policy Reform

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Alden Abbott, Mar 16, 2015

The setting of industry standards is widely recognized as a driver of economic growth—standards may reduce production costs; increase innovation, efficiency (through greater product interoperability, for example), and consumer choice; foster public health and safety; and facilitate international trade. In the United States, standards development is sector-based and market-led, with American businesses typically voluntarily collaborating within private standard-setting organizations to develop stan…

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