In a brief paper, authors Jorge Padilla and Pekka Sääskilahti of Compass Lexecon explain why this licensing practice is optimal from a social welfare perspective. They show that there is no basis as a matter of economics to conclude that the practice of licensing SEPs at the end-product level only could distort the competitive process to the ultimate detriment of consumers.
Expert economist Jorge Padilla (Compass Lexecon) and Koren W. Wong-Ervin (Axinn) consider the merits of recent complaints about the common practice in technology industries of licensing patents to manufacturers of consumer devices (as opposed to midstream component manufacturers), and of calculating compensation by using the entire value of an end device as the royalty base.
In this Expert Opinion, Jorge Padilla (Compass Lexecon) and Koren Wong-Ervin (Qualcomm Inc.) discuss the competitive effects of patents and some behaviour of patent-holders.