Past Event

Patents and royalties: stifling or promoting innovation in ICT?

The patent system is never out of the spotlight. Do patents achieve their ultimate goal of incentivising innovation, or actually stifle it? The debate is especially heated in the ICT sector...

Date: November 25, 2015, 12:00 pm Topic: Innovation & Competition Policy

The patent system is never out of the spotlight. Do patents achieve their ultimate goal of incentivising innovation, or actually stifle it? The debate is especially heated in the ICT sector, where problems with weak patents, litigation threats and patent trolls are said to clog the system.

One particularly contentious issue is royalty stacking – the spiraling cost of bringing a new product to market if it involves multiple patented technologies or processes. The nature of ICT innovation, where various complementary technologies often need to be combined in one end product, makes royalty stacking a major hazard in the ICT sector. The danger is that patent owners, particularly those holding standard-essential patents, will charge excessive royalties. This can lead to higher prices for consumers and reduced incentives for innovation.

The problem is already on the radar for competition authorities, who intervene by, for example, requiring royalty schemes to be fair, reasonable and non-discriminatory (FRAND). But just how big is the problem of royalty stacking, and how could competition policy address it? Are FRAND conditions the best way to improve the situation?

VIDEO RECORDING

Event Materials

Schedule

Nov 25, 2015

12:00-12:30

Check-in and Lunch

12:30-12:50

Keynote

Jorge Padilla, Senior Managing Director and Head of Compass Lexecon Europe

12:50-14:00

Panel discussion and audience Q&A

Chair: Reinhilde Veugelers, Senior Fellow

Benno Buehler, Economist, Chief Economist Team, European Commission, DG COMP

Esa Kaunistola, Director, EMEA IP, Standards & Interoperability and Trade Policy, Microsoft

Paolo Casini, Economist, Chief Economist Team, DG GROWTH, European Commission

Paul Belleflamme, Professor of Economics at Université catholique de Louvain

Rebekka Porath, CE Technology Policy Director, Intel

14:00

End

Speakers

Paul Belleflamme

Professor of Economics at Université catholique de Louvain

Benno Buehler

Economist, Chief Economist Team, European Commission, DG COMP

Paolo Casini

Economist, Chief Economist Team, DG GROWTH, European Commission

Esa Kaunistola

Director, EMEA IP, Standards & Interoperability and Trade Policy, Microsoft

Jorge Padilla

Senior Managing Director and Head of Compass Lexecon Europe

Rebekka Porath

CE Technology Policy Director, Intel

Reinhilde Veugelers

Senior Fellow

Location & Contact

Bruegel, Rue de la Charité 33, 1210 Brussels

Matilda Sevón

matilda.sevon@bruegel.org +32 2 227 4212

Read about event More on this topic

Past Event

Past Event

Rethinking industrial policy in the digital age: challenges for Europe

All-day conference about how the European policy-making will have to adapt to the digital transformation.

Speakers: Philipp-Bastian Brutscher, Teunis Brosens, Maarten Camps, Lise Fuhr, Padmashree Gehl Sampath, Andreas Geiss, Tony Graziano, Mathew Heim, Thorsten Käseberg, Thomas Kramler, Robert Kroplewski, Timothy Lamb, J. Scott Marcus, Philip Marsden, Jan Mischke, Joakim Reiter, Megan Richards, Valentino Rossi, Marietje Schaake, Reinhilde Veugelers, Guntram B. Wolff and Georg Zachmann Topic: Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: March 21, 2019
Read about event More on this topic

Upcoming Event

Mar
26
12:30

Spitzenkandidaten series: Yanis Varoufakis

The first event in the The Road to Europe - Brussels Briefing Live: Spitzenkandidaten series. The series features the lead candidates for the European Elections of six parties and is jointly organised by Bruegel and the Financial Times in March and April 2019.

Speakers: Maria Demertzis, Martin Sandbu and Yanis Varoufakis Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read about event More on this topic

Upcoming Event

Apr
2
12:30

Spitzenkandidaten series: Bas Eickhout

The second event in the The Road to Europe - Brussels Briefing Live: Spitzenkandidaten series. The series features the lead candidates for the European Elections of six parties and is jointly organised by Bruegel and the Financial Times in March and April 2019.

Speakers: Bas Eickhout, Guntram B. Wolff and Rochelle Toplensky Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read about event More on this topic

Upcoming Event

Apr
3
12:30

Spitzenkandidaten series: ALDE

The third event in the The Road to Europe - Brussels Briefing Live: Spitzenkandidaten series. The series features the lead candidates for the European Elections of six parties and is jointly organised by Bruegel and the Financial Times in March and April 2019.

Speakers: Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read article More by this author

Opinion

New EU industrial policy can only succeed with focus on completion of single market and public procurement

France and Germany recently unveiled a manifesto for a European industrial policy fit for the 21st century, sparking a lively debate across the continent. The fundamental idea underpinning the manifesto is a good one: Europe does need an industrial policy to ensure that EU companies remain highly competitive globally, notwithstanding strong competition from China and other big players. However, the Franco-German priorities are unsuitable for the pursuit of this goal.

By: Simone Tagliapietra Topic: European Macroeconomics & Governance, Innovation & Competition Policy Date: March 18, 2019
Read about event More on this topic

Upcoming Event

Apr
4
08:30

Spitzenkandidaten series: Jan Zaradhil

The fourth event in the The Road to Europe - Brussels Briefing Live: Spitzenkandidaten series. The series features the lead candidates for the European Elections of six parties and is jointly organised by Bruegel and the Financial Times in March and April 2019.

Speakers: Jim Brunsden, Maria Demertzis and Jan Zahradil Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read about event More on this topic

Upcoming Event

Apr
9
12:30

Spitzenkandidaten series: Manfred Weber

The fifth event in the The Road to Europe - Brussels Briefing Live: Spitzenkandidaten series. The series features the lead candidates for the European Elections of six parties and is jointly organised by Bruegel and the Financial Times in March and April 2019.

Speakers: Anne-Sylvaine Chassany, Manfred Weber and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read about event More on this topic

Upcoming Event

Apr
11
12:00

Spitzenkandidaten series: Frans Timmermans

The sixth event in the The Road to Europe - Brussels Briefing Live: Spitzenkandidaten series. The series features the lead candidates for the European Elections of six parties and is jointly organised by Bruegel and the Financial Times in March and April 2019.

Speakers: Frans Timmermans and André Sapir Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels
Read article More on this topic More by this author

Blog Post

The Alstom-Siemens merger and the need for European champions

What’s at stake: The European Commission blocked the merger between Alstom and Siemens, triggering the ire of the French and German governments. A Franco-German proposal to revamp merger control in the EU has given rise to a lively debate on the need for European champions.

By: Konstantinos Efstathiou Topic: Innovation & Competition Policy Date: March 11, 2019
Read article More on this topic More by this author

Podcast

Podcast

Deep Focus: Developing Europe's digital single market

Bruegel senior fellow J. Scott Marcus joins Sean Gibson for this episode of Deep Focus on the 'The Sound of Economics', elaborating on a Bruegel study for the European Parliament into the progress made with the Commission's Digital Single Market Strategy since 2015.

By: The Sound of Economics Topic: Innovation & Competition Policy Date: February 12, 2019
Read article Download PDF More on this topic

External Publication

Contribution to Growth: The European Digital Single Market

Numerous legislative measures have been initiated or enacted in support of the overall achievement of a Digital Single Market (DSM). This in-depth analysis provides a brief stock-taking of what has been achieved in economic terms, of what remains to be done, and of candidate initiatives for the next legislative term.

By: J. Scott Marcus, Georgios Petropoulos and Timothy Yeung Topic: Innovation & Competition Policy Date: February 12, 2019
Read about event More on this topic

Past Event

Past Event

Market power and its implications to competition policy

What are the reasons behind the global trends in corporate margins and market concentration?

Speakers: Adina Claici, Fiona Scott Morton, Nicolas Petit, Georgios Petropoulos and Arno Rasek Topic: Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: January 16, 2019
Load more posts