Published: 8/5/16
Publication: Lexology
Conceptually, intellectual property rights (IPRs) and competition law appear to be at odds: the former grants temporary monopolies and the latter protects and encourages market competition. This potentially difficult relationship has been increasingly at the heart of competition policy.
As innovation becomes more important to economic success, there is a sharp focus on which policies best encourage successful innovation. Commissioner Vestager recently made it clear that both competition and IP law have a role: “To encourage innovation, you need both competition and reward for innovators”. [READ MORE]