Logo
Munich Personal RePEc Archive

Refusal to Deal, Intellectual Property Rights, and Antitrust

Chen, Yongmin (2011): Refusal to Deal, Intellectual Property Rights, and Antitrust.

This is the latest version of this item.

[thumbnail of MPRA_paper_45161.pdf]
Preview
PDF
MPRA_paper_45161.pdf

Download (265kB) | Preview

Abstract

A vertically integrated firm, having acquired the intellectual property (IP) through innovation to become an input monopolist, can extract surplus by supplying efficient downstream competitors. That the monopolist would refuse to do so is puzzling and has led to numerous debates in antitrust. In this paper, I clarify the economic logic of refusal to deal, and identify conditions under which prohibiting such conduct would raise or lower consumer and social welfare. I further show how IP protection (as determined by IP laws) and restrictions on IP holders' conduct (as determined by antitrust laws) may interact to affect innovation incentive and post-innovation market performance.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.