Intellectual property rights and competition law in collaborative drug discovery and development between industry and integrated drug discovery organizations

2006 ◽  
Vol 8 ◽  
pp. 153-186 ◽  
Author(s):  
Ioannis Lianos

The intersection between competition law and intellectual property has been a contentious issue since the very beginnings of European Communities (EC) competition law. Both intellectual property and competition law pursue the aim of enhancing economic welfare and innovation, but their direct objectives seem to be in conflict. Whereas intellectual property focuses on the reward of inventive effort and the inventor’s incentives to innovate by conferring an exclusive right on the use of the invention, competition law emphasises the dissemination of innovation by ensuring diffusion and access.


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