Hold-Up and Injunctions in the Standard Setting Context: The Pendulum Swings Back
Historically, new presidents often appoint officials that make modest policy changes to antitrust enforcement. President Joe Biden's July 9 executive order on promoting competition in the American economy suggested that the changes coming to antitrust enforcement are far more than modest.
October 08, 2021 at 01:16 PM
10 minute read
AntitrustHistorically, new presidents often appoint officials that make modest policy changes to antitrust enforcement. President Joe Biden's July 9 executive order on promoting competition in the American economy suggested that the changes coming to antitrust enforcement are far more than modest. According to the fact sheet that accompanied the order, competition in the U.S. economy is in dire straits. In the executive order, Biden proposes a raft of initiatives at more than a dozen agencies to foster more competition across the economy. One of those initiates requested that the Attorney General and the Secretary of Commerce consider revising their "Policy Statement on Remedies for Standards-Essential Patents Subject to Voluntary F/RAND Commitments."
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