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Jeon, Doh-Shin
and Lefouili, Yassine
(2018)
CrosslLicensing and competition.
RAND Journal of Economics, vol. 49 (n° 3).
pp. 656-671.
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Abstract
We analyze the competitive effects of bilateral cross-licensing agreements in a setting with many competing firms. We show that firms can sustain the monopoly outcome if they can sign unconstrained bilateral cross-licensing contracts. This result is robust to increasing the number of firms who can enter into a cross-licensing agreement. We also investigate the scenario in which a cross-licensing contract cannot involve the payment of a royalty by a licensee who decides ex post not to use the licensed technology. Finally, policy implications regarding the antitrust treatment of cross-licensing agreements are derived.
| Item Type: | Article |
|---|---|
| Language: | English |
| Date: | 2018 |
| Refereed: | Yes |
| Uncontrolled Keywords: | Cross-Licensing, Royalties, Collusion, Antitrust and Intellectual Property |
| JEL Classification: | D43 - Oligopoly and Other Forms of Market Imperfection L13 - Oligopoly and Other Imperfect Markets L24 - Contracting Out; Joint Ventures; Technology Licensing L41 - Monopolization; Horizontal Anticompetitive Practices O34 - Intellectual Property Rights - National and International Issues |
| Subjects: | B- ECONOMIE ET FINANCE |
| Divisions: | TSE-R (Toulouse) |
| Site: | UT1 |
| Date Deposited: | 22 May 2018 13:10 |
| Last Modified: | 17 Jun 2021 12:39 |
| OAI Identifier: | oai:tse-fr.eu:32601 |
| URI: | https://publications.ut-capitole.fr/id/eprint/25902 |
Available Versions of this Item
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Cross-Licensing and Competition. (deposited 21 Sep 2015 13:08)
- CrosslLicensing and competition. (deposited 22 May 2018 13:10) [Currently Displayed]
