Abuse of Dominance and Licensing of Intellectual Property
Abuse of Dominance and Licensing of Intellectual Property
复制标题
滥用支配地位和知识产权许可
DOI:
10.2139/ssrn.1302368
复制
发表时间:
2008
期刊:
影响因子:
--
通讯作者:
D. Salant
中科院分区:
文献类型:
--
作者:
P. Rey;D. Salant
We examine the impact of the licensing policies of one or more upstream owners of essential intellectual property (IP hereafter) on the variety offered by a downstream industry, as well as on consumers and social welfare. When an upstream monopoly owner of essential IP increases the number of licenses, it enhances product variety, adding to consumer value, but it also intensifies downstream competition, and thus dissipates profits. As a result, the upstream IP monopoly may want to provide too many or too few licenses, relatively to what maximizes consumer surplus or social welfare. With multiple owners of essential IP, royalty stacking increases aggregate licensing fees and thus tends to limit the number of licensees, which can also reduce downstream prices for consumers. We characterize the conditions under which these reductions in downstream prices and variety is beneficial to consumers or society.