From Regulation Watch Feed: The changing role of collecting societies in the internet “ Collecting societies currently face major challenges stemming from: the reconfiguration of existing and emergence of new powerful players in the field of music distribution; the necessity of cross-territorial licensing options, and; the fragmentation of copyrights. This article presents an overview of recent technical and policy developments in this area in Europe and, on a more abstract level, it discusses structural problems underlying the policy conflicts. Collecting societies became indispensable intermediaries in the copyright system of the 20th century. Their core task was the collection of high-volume, low-value royalties stemming from secondary uses (e.g., broadcasting, public performance, lending) of creative works. Collecting societies are the solution to […]
From Antitrust & Competition Policy Blog: Guiding Section 5: Comments on the Commissioners “Steve Salop (Georgetown) discusses Guiding Section 5: Comments on the Commissioners. ABSTRACT: FTC Commissioners Joshua Wright and Maureen Ohlhausen have proposed that the Commission adopt Guidelines for the application of Section 5 to Unfair Methods of Competition. This short note…”
From CPI RSS: Reverse Payment Settlements in the United States and Europe: Moving Toward An Effects-Based Approach “ After more than a decade of debate and complex litigation on "reverse payment" settlements, the Supreme Court ruled on the issue in Federal Trade Commission v. Actavis, Inc. The pharmaceutical industry now asks: So, are those settlements lawful? The Actavis Court’s answer: "Maybe . . . sometimes." The lower courts are now commissioned to apply the decades-old rule of reason to reverse payment settlements and, in the process, to advance important antitrust and intellectual property interests. At almost the same time that the Supreme Court issued the Actavis decision, the European Commission announced its Lundbeck decision that found a collection of reverse payment […]
From Antitrust & Competition Policy Blog: Taking the Error Out of “Error Cost” Analysis: What’s Wrong with Antitrust’s Right “Jon Baker (American) has a great paper on Taking the Error Out of "Error Cost" Analysis: What’s Wrong with Antitrust’s Right. I heard the presentation of the paper at Yale on Friday. It is worth a download.”
