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Vol 22 No 2 Feb/March 2017

Book of the Month

Cover of Fiduciary Obligations: 40th Anniversary Republication with Additional Essays

Fiduciary Obligations: 40th Anniversary Republication with Additional Essays

Price: £75.99

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Joint Research and Development Under US Antitrust and EU Competition Law

ISBN13: 9781784713003
Published: April 2015
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardback
Price: £70.00

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Due to disagreement between policy makers and innovation economists, antitrust agencies have been rather confused over when and how to use competition law in reference to research and development (R&D) joint ventures and collaborations.

This important book dissects the antitrust treatment, in the US and under EU law, of joint R&D ventures from the 1970s to the present day. It provides a comprehensive analysis of the modifications and amendments made to legal acts and guidelines. It also looks at the slow shift in the scant case-law detected both under the antitrust laws of the USA and the competition rules of the EU.

Bjorn Lundqvist demonstrates that the prevailing antitrust policies towards R&D collaborations are very similar in the US and EU, and that they both mirror a lenient attitude towards collaboration between competitors. Nonetheless, ultimately, the book shows that a more stringent attitude from the antitrust establishment can be discerned, and that the concept of the "innovation market" could possibly soon have a revival.

This fascinating book caters to both researchers and practitioners in competition law and economics. The easy to follow charts and boxes will be particularly useful for practitioners when setting up R&D joint ventures.

Competition Law
1. Introduction
2. Innovation Economics
3. Research and development collaborations under US Antitrust law and EC Competition Rules
4. Innovation Policy