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Discourse About Patents and Standards Highlight Tension Between Intellectual Property Rights and Competition Law

Discourse About Patents and Standards Highlight Tension Between Intellectual Property Rights and Competition Law

As a part of my undergraduate studies, I took a course in business strategy, and one of the most memorable topics was technological lock-in. ¬†We were taught that there is explicit value in being a technological first-mover because such businesses can create switching costs for purchasers by establishing a proprietary standard in a new market. […]