Artikel
Optimal Incentives for Patent Challenges in the Pharmaceutical Industry
In this paper, we show that a provision in antitrust law to allow patent settlements with a later market entry of generics than the date that is expected under patent litigation can increase consumer welfare. We introduce a policy parameter for determining the optimal additional period for collusion that would incentivize the challenging of weak patents and maximize consumer welfare. While in principle, later market entry leads to higher profits and lower consumer welfare, this can be more than compensated for if more patents are challenged as a result.
- Sprache
-
Englisch
- Erschienen in
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Journal: Review of Industrial Organization ; ISSN: 1573-7160 ; Volume: 59 ; Year: 2021 ; Issue: 3 ; Pages: 503-528 ; New York, NY: Springer US
- Klassifikation
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Wirtschaft
- Thema
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Antitrust
Collusion
Patent challenges
Patent settlements
Pharma
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Böhme, Enrico
Frank, Jonas Severin
Kerber, Wolfgang
- Ereignis
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Veröffentlichung
- (wer)
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Springer US
- (wo)
-
New York, NY
- (wann)
-
2021
- DOI
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doi:10.1007/s11151-021-09815-0
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Böhme, Enrico
- Frank, Jonas Severin
- Kerber, Wolfgang
- Springer US
Entstanden
- 2021
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