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The Intellectual Property-Antitrust Interface

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  • Roger D. Blair

    (University of Florida
    University of Florida College of Law)

Abstract

There is a tension between the antitrust laws and the intellectual property (IP) laws. Both aim to promote social welfare, but their focus differs. By and large, antitrust law aims to promote competition and static welfare. In contrast, IP law permits static welfare losses in exchange for dynamic welfare gains. Thus, there is a tradeoff between static and dynamic welfare considerations. This tradeoff leads to a natural tension between IP law and antitrust policy. Implicitly, we believe that the benefits of long-term progress outweigh the short-run welfare losses that are due to the misallocation of resources. This can be seen in our Special Issue.

Suggested Citation

  • Roger D. Blair, 2020. "The Intellectual Property-Antitrust Interface," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 557-561, June.
    • Handle: RePEc:kap:revind:v:56:y:2020:i:4:d:10.1007_s11151-020-09759-x
    DOI: 10.1007/s11151-020-09759-x
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    References listed on IDEAS

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    1. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626, National Bureau of Economic Research, Inc.
    2. Kevin A. Bryan & Erik Hovenkamp, 2020. "Antitrust Limits on Startup Acquisitions," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 615-636, June.
    3. Roger D. Blair & Anita N. Walsh, 2020. "Method-of-Use Patents, Appropriability, and Antitrust Policy," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 651-666, June.
    4. Jorge Lemus & Emil Temnyalov, 2020. "Pay-for-Delay with Follow-On Products," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 697-714, June.
    5. Keith N. Hylton & Wendy Xu, 0. "Error Costs, Ratio Tests, and Patent Antitrust Law," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 0, pages 1-29.
    6. Thomas J. Miceli, 2020. "Trading in Information: On the Unlikely Correspondence Between Patents and Blackmail Law," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 637-650, June.
    7. Keith N. Hylton & Wendy Xu, 2020. "Error Costs, Ratio Tests, and Patent Antitrust Law," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 563-591, June.
    8. Steffen Juranek & Thomas Quan & John L. Turner, 2020. "Patents, Litigation Strategy and Antitrust in Innovative Industries," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 56(4), pages 667-696, June.
    9. Steffen Juranek & Thomas Quan & John L. Turner, 0. "Patents, Litigation Strategy and Antitrust in Innovative Industries," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 0, pages 1-30.
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    Cited by:

    1. Juan Manuel Sanchez‐Cartas & Gonzalo León, 2021. "Multisided Platforms And Markets: A Survey Of The Theoretical Literature," Journal of Economic Surveys, Wiley Blackwell, vol. 35(2), pages 452-487, April.

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