Fiona Scott Morton and Carl Shapiro published an article entitled “Strategic Patent Acquisitions,” which appeared in Antitrust Law Journal. The article analyzes how a strategic patent acquisition changes economic incentives and traces through the likely economic effects of those changed incentives. To read the article, click the link below.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...