SlideShare a Scribd company logo
1 of 14
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
PATENT POOL AND ANTITRUST
SUCHITRA BAI
PATENT DEPARTMENT
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
MEANING OF PATENT
A patent is a legal document, granted for any
novel, non-obvious and utility product or
process, by a state to an inventor for a
statutorily specified period of time upon the
disclosure of his invention in a document
known as the patent specification. The patent
confers the owner/inventor with an exclusive
monopoly rights over his invention,
preventing others from exploiting his
invention to which the patent has been issued.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
MEANING OF PATENT POOL
A patent pool is an agreement between two or more
patent owners to license one or more of their
patents to one another or third parties.
A patent pool may also be defined as “the aggregation
of intellectual property rights which are the subject
of cross-licensing, whether they are transferred
directly by patentee to licensee or through some
medium, such as a joint venture, set up specifically
to administer the patent pool.”
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
PATENT POOL PROCESS
PATENT
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
PATENT POOL PROCESS
A patent pool is a simple system where patent-
owners voluntarily give their patents to a central
organization that then licenses them to other
companies and researchers. Companies that make
unbranded drugs and researchers that want to use the
patents to develop new versions of the drugs can
access the patents in the Pool in exchange for paying
a fair royalty to the patent owners. The Pool acts as a
‘one-stop-shop’ for managing the negotiations and
receiving and paying the royalties.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
BENEFITS
Patent pools provide many benefits for licensees
including:
 Offers practical way to overcome patent barriers, which
encourages competition and leads to lower prices.
 Avoiding protracted negotiations on licensing terms and
conditions with each patent owner through a single
point of contact « one stop shop »
 Clearing of blocking positions.
 Gaining competitive advantage by getting products to
market more quickly.
 Making the technology accessible to all users on fair,
reasonable, and non-discriminatory terms and
conditions.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
• Antitrust laws are referred to as
"competition laws" - are statutes
developed by the U.S. Government
to protect consumers from
predatory business practices by
ensuring that fair competition
exists in an open-market economy.
DEFINITION OF
ANTITRUST
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
[CONTD…
• Antitrust laws are applied to a wide range of
questionable business activities, including but
not limited to:
Market Allocation:
• Suppose my company operates in the
Northeast and your company does business in
the Southwest. If you agree to stay out of my
territory, I won't enter yours, and because the
costs of doing business are so high that
startups have no chance of competing, we
both have a de facto monopoly.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
CONTD…
• Bid Rigging:
There are three companies in an industry, and
all three decide to quietly operate as a cartel.
Company 1 will win the current auction, so
long as it allows Company 2 to win the next
and Company 3 to win thereafter. Each
company plays this game so that all retain
current market share and price, thereby
preventing competition.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
CONTD…
• Price Fixing:
My company and your company are the
only two companies in our industry, and
our products are so similar that the
consumer is indifferent between the two
except for price. In order to avoid a
price war, we sell our products at the
same price to maintain margin, resulting
in higher costs than the consumer would
otherwise pay.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
OBJECTIVE OF ANTITRUST
LAW
• The antitrust laws prescribe unlawful mergers and
business practices in general terms, leaving courts to
decide which ones are illegal based on the facts of
each case. Courts have applied the antitrust laws to
changing markets, from a time of horse and buggies
to the present digital age. Yet for over 100 years, the
antitrust laws have had the same basic objective:
• to protect the process of competition for the benefit
of consumers,
• making sure there are strong incentives for
businesses to operate efficiently, keep prices down,
and
• keep quality up.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
CASE LAWS
• In the first case, United States v. Trans-Missouri
Freight Association, the Supreme Court found
that railroad companies had acted unlawfully by
setting up an organisation to fix transport prices.
The railroads had protested that their intention
was to keep prices low, not high. The court found
that this was not true, but stated that not every
"restraint of trade" in a literal sense could be
unlawful. Just as under the common law, the
restraint of trade had to be "unreasonable".
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
CHICAGO BOARD OF
TRADE V. UNITED STATES
• The Supreme Court found a "good" restraint of trade.
The Chicago Board of Trade had a rule that commodities
traders were not allowed to privately agree to sell or buy
after the market's closing time (and then finalise the
deals when it opened the next day). The reason for the
Board of Trade having this rule was to ensure that all
traders had an equal chance to trade at a transparent
market price. It plainly restricted trading, but the
Chicago Board of Trade argued this was beneficial.
Brandeis J., giving judgment for a unanimous Supreme
Court, held the rule to be pro-competitive, and comply
with the rule of reason. It did not violate the Sherman
Act.
CHENNAI
3rd Floor, ‘Creative Enclave’,
148-150, Luz Church Road,
Mylapore,
Chennai - 600 004.
Tel: +91 - 44 - 2498 4821
BANGALORE
Suite 920, Level 9,
Raheja Towers,
26-27, M G Road,
Bangalore - 560 001.
Tel: +91 - 80 - 6546 2400
COIMBATORE
BB1, Park Avenue,
# 48, Race Course Road,
Coimbatore - 641018.
Tel: +91 - 422 – 6552921
EMAIL
info@altacit.com
WEBSITE
www.altacit.com
THANK YOU

More Related Content

What's hot

Winding up notice format
Winding up notice formatWinding up notice format
Winding up notice formatChenoy Ceil
 
Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...
Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...
Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...VALLIAMMAI PALANIAPPAN
 
Anti competitive agreements under the competition act
Anti competitive agreements under the competition actAnti competitive agreements under the competition act
Anti competitive agreements under the competition actAltacit Global
 
Ipr and competition laws
Ipr and competition lawsIpr and competition laws
Ipr and competition lawsAltacit Global
 
Intellectual property and competition law
Intellectual property and competition lawIntellectual property and competition law
Intellectual property and competition lawAltacit Global
 
Legal Ethics and Court Crafts
Legal Ethics and Court Crafts Legal Ethics and Court Crafts
Legal Ethics and Court Crafts cpjcollege
 
Air Laws in India
Air Laws in IndiaAir Laws in India
Air Laws in IndiaHabib Zafar
 
Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001
Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001
Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001Anushka Singh
 
Infringement of trademark
Infringement of trademarkInfringement of trademark
Infringement of trademarkSolubilis
 
Law Of Integrated Circuits And Layout Dseign In India
Law Of Integrated Circuits And Layout Dseign In IndiaLaw Of Integrated Circuits And Layout Dseign In India
Law Of Integrated Circuits And Layout Dseign In IndiaVijay Dalmia
 
EVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIA
EVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIAEVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIA
EVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIAMritunjay Sengar
 
Complete Notes on The Trade Union Act, 1926
Complete Notes on The Trade Union Act, 1926Complete Notes on The Trade Union Act, 1926
Complete Notes on The Trade Union Act, 1926Nitya Nand Pandey
 
Occupational safety, health and working conditions code, 2020
Occupational safety, health and working conditions code, 2020Occupational safety, health and working conditions code, 2020
Occupational safety, health and working conditions code, 2020DVSResearchFoundatio
 

What's hot (20)

Winding up notice format
Winding up notice formatWinding up notice format
Winding up notice format
 
Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...
Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...
Intellectual Property Appellate Board (IPAB) - Focus on Composition, Powers a...
 
Anti competitive agreements under the competition act
Anti competitive agreements under the competition actAnti competitive agreements under the competition act
Anti competitive agreements under the competition act
 
Ipr and competition laws
Ipr and competition lawsIpr and competition laws
Ipr and competition laws
 
Intellectual property and competition law
Intellectual property and competition lawIntellectual property and competition law
Intellectual property and competition law
 
Legal Ethics and Court Crafts
Legal Ethics and Court Crafts Legal Ethics and Court Crafts
Legal Ethics and Court Crafts
 
Air Laws in India
Air Laws in IndiaAir Laws in India
Air Laws in India
 
Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001
Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001
Cadila Healthcare Limited vs Cadila Pharmaceuticals Limited 2001
 
Infringement of trademark
Infringement of trademarkInfringement of trademark
Infringement of trademark
 
Passing off ppt
Passing off pptPassing off ppt
Passing off ppt
 
Copyright
CopyrightCopyright
Copyright
 
Registration of trademark
Registration of trademarkRegistration of trademark
Registration of trademark
 
Law Of Integrated Circuits And Layout Dseign In India
Law Of Integrated Circuits And Layout Dseign In IndiaLaw Of Integrated Circuits And Layout Dseign In India
Law Of Integrated Circuits And Layout Dseign In India
 
Trademark Act, 1999
Trademark Act, 1999Trademark Act, 1999
Trademark Act, 1999
 
EVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIA
EVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIAEVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIA
EVOLUTION AND DEVELOPMENT OF COMPETITION LAWS IN INDIA
 
Complete Notes on The Trade Union Act, 1926
Complete Notes on The Trade Union Act, 1926Complete Notes on The Trade Union Act, 1926
Complete Notes on The Trade Union Act, 1926
 
Occupational safety, health and working conditions code, 2020
Occupational safety, health and working conditions code, 2020Occupational safety, health and working conditions code, 2020
Occupational safety, health and working conditions code, 2020
 
Trademark shraddha singhi
Trademark shraddha singhiTrademark shraddha singhi
Trademark shraddha singhi
 
Outer Space Treaty
Outer Space TreatyOuter Space Treaty
Outer Space Treaty
 
Unfair labour practices
Unfair labour practicesUnfair labour practices
Unfair labour practices
 

Similar to Understanding antitrust laws and patent pools

Insolvency and bankruptcy code 2016
Insolvency and bankruptcy code 2016Insolvency and bankruptcy code 2016
Insolvency and bankruptcy code 2016Altacit Global
 
Standard essential patent
Standard essential patentStandard essential patent
Standard essential patentAltacit Global
 
Business method patents
Business method patentsBusiness method patents
Business method patentsAltacit Global
 
Minor’s rights under ip laws
Minor’s rights under ip lawsMinor’s rights under ip laws
Minor’s rights under ip lawsAltacit Global
 
Intellectual property laws vs competition laws
Intellectual  property  laws vs competition lawsIntellectual  property  laws vs competition laws
Intellectual property laws vs competition lawsAltacit Global
 
Iprandcompetitionlaws 131123062348-phpapp01
Iprandcompetitionlaws 131123062348-phpapp01Iprandcompetitionlaws 131123062348-phpapp01
Iprandcompetitionlaws 131123062348-phpapp01AnjaliGupta437
 
Field use of limitation
Field use of limitationField use of limitation
Field use of limitationAltacit Global
 
What is the Role of Commodity Exchange?
What is the Role of Commodity Exchange?What is the Role of Commodity Exchange?
What is the Role of Commodity Exchange?Dhanashri Academy
 
Parallel import of patented goods
Parallel import of patented goodsParallel import of patented goods
Parallel import of patented goodsAltacit Global
 
Non violation complaints in the wto
Non violation complaints in the wtoNon violation complaints in the wto
Non violation complaints in the wtoAltacit Global
 
Legal action agaisnt credit card defaulters
Legal action agaisnt credit card defaultersLegal action agaisnt credit card defaulters
Legal action agaisnt credit card defaultersAltacit Global
 
Steps in mergers and acquisitions of a company
Steps in mergers and acquisitions of a companySteps in mergers and acquisitions of a company
Steps in mergers and acquisitions of a companyAltacit Global
 
Ip issues in digital libraries
Ip issues in digital librariesIp issues in digital libraries
Ip issues in digital librariesAltacit Global
 
Dabur india vs_rajeshkumar
Dabur india vs_rajeshkumarDabur india vs_rajeshkumar
Dabur india vs_rajeshkumarAltacit Global
 
Overlap between copyright & trademark
Overlap between copyright & trademarkOverlap between copyright & trademark
Overlap between copyright & trademarkAltacit Global
 
Steps to incorporation of a company in india
Steps to incorporation of a company in indiaSteps to incorporation of a company in india
Steps to incorporation of a company in indiaAltacit Global
 

Similar to Understanding antitrust laws and patent pools (20)

Insolvency and bankruptcy code 2016
Insolvency and bankruptcy code 2016Insolvency and bankruptcy code 2016
Insolvency and bankruptcy code 2016
 
Standard essential patent
Standard essential patentStandard essential patent
Standard essential patent
 
Business method patents
Business method patentsBusiness method patents
Business method patents
 
Minor’s rights under ip laws
Minor’s rights under ip lawsMinor’s rights under ip laws
Minor’s rights under ip laws
 
Intellectual property laws vs competition laws
Intellectual  property  laws vs competition lawsIntellectual  property  laws vs competition laws
Intellectual property laws vs competition laws
 
Iprandcompetitionlaws 131123062348-phpapp01
Iprandcompetitionlaws 131123062348-phpapp01Iprandcompetitionlaws 131123062348-phpapp01
Iprandcompetitionlaws 131123062348-phpapp01
 
Ip and e commerce
Ip and e commerceIp and e commerce
Ip and e commerce
 
Field use of limitation
Field use of limitationField use of limitation
Field use of limitation
 
What is the Role of Commodity Exchange?
What is the Role of Commodity Exchange?What is the Role of Commodity Exchange?
What is the Role of Commodity Exchange?
 
Parallel import of patented goods
Parallel import of patented goodsParallel import of patented goods
Parallel import of patented goods
 
Non violation complaints in the wto
Non violation complaints in the wtoNon violation complaints in the wto
Non violation complaints in the wto
 
Legal action agaisnt credit card defaulters
Legal action agaisnt credit card defaultersLegal action agaisnt credit card defaulters
Legal action agaisnt credit card defaulters
 
Steps in mergers and acquisitions of a company
Steps in mergers and acquisitions of a companySteps in mergers and acquisitions of a company
Steps in mergers and acquisitions of a company
 
Ip issues in digital libraries
Ip issues in digital librariesIp issues in digital libraries
Ip issues in digital libraries
 
Dabur india vs_rajeshkumar
Dabur india vs_rajeshkumarDabur india vs_rajeshkumar
Dabur india vs_rajeshkumar
 
Plain packaging laws
Plain packaging lawsPlain packaging laws
Plain packaging laws
 
Overlap between copyright & trademark
Overlap between copyright & trademarkOverlap between copyright & trademark
Overlap between copyright & trademark
 
Ip risk management
Ip risk managementIp risk management
Ip risk management
 
Steps to incorporation of a company in india
Steps to incorporation of a company in indiaSteps to incorporation of a company in india
Steps to incorporation of a company in india
 
Wrongful Termination
Wrongful TerminationWrongful Termination
Wrongful Termination
 

More from Altacit Global

Unmanned aircraft system rules, 2020
Unmanned aircraft system rules, 2020Unmanned aircraft system rules, 2020
Unmanned aircraft system rules, 2020Altacit Global
 
Sexual harassment during work from home
Sexual harassment during work from homeSexual harassment during work from home
Sexual harassment during work from homeAltacit Global
 
Information technology guidelines for intermediaries and digital media ethics...
Information technology guidelines for intermediaries and digital media ethics...Information technology guidelines for intermediaries and digital media ethics...
Information technology guidelines for intermediaries and digital media ethics...Altacit Global
 
Returns and refunds consumer protection act
Returns and refunds  consumer protection actReturns and refunds  consumer protection act
Returns and refunds consumer protection actAltacit Global
 
Rights of an unborn child
Rights of an unborn childRights of an unborn child
Rights of an unborn childAltacit Global
 
Grounds for divorce in India
Grounds for divorce in IndiaGrounds for divorce in India
Grounds for divorce in IndiaAltacit Global
 
Surrogacy laws-in-India
Surrogacy laws-in-IndiaSurrogacy laws-in-India
Surrogacy laws-in-IndiaAltacit Global
 
Tamilnadu regulation of rights and responsibilities of landlords and tenants ...
Tamilnadu regulation of rights and responsibilities of landlords and tenants ...Tamilnadu regulation of rights and responsibilities of landlords and tenants ...
Tamilnadu regulation of rights and responsibilities of landlords and tenants ...Altacit Global
 
Requirements for operation of civil remotely piloted aircraft system
Requirements for operation of civil remotely piloted aircraft systemRequirements for operation of civil remotely piloted aircraft system
Requirements for operation of civil remotely piloted aircraft systemAltacit Global
 
Rights of employees under insolvent companies
Rights of employees under insolvent companiesRights of employees under insolvent companies
Rights of employees under insolvent companiesAltacit Global
 
Doctrine of originality copyright
Doctrine of originality copyrightDoctrine of originality copyright
Doctrine of originality copyrightAltacit Global
 
Restoration of lapsed patents in India
Restoration of lapsed patents in IndiaRestoration of lapsed patents in India
Restoration of lapsed patents in IndiaAltacit Global
 
Celebrity rights in India
Celebrity rights in IndiaCelebrity rights in India
Celebrity rights in IndiaAltacit Global
 
Technology Development Board
Technology Development BoardTechnology Development Board
Technology Development BoardAltacit Global
 
Motor accident mediation authority (MAMA)
Motor accident mediation authority (MAMA)Motor accident mediation authority (MAMA)
Motor accident mediation authority (MAMA)Altacit Global
 
Sebi (prohibition of insider trading) regulations, 2015
Sebi (prohibition of insider trading) regulations, 2015Sebi (prohibition of insider trading) regulations, 2015
Sebi (prohibition of insider trading) regulations, 2015Altacit Global
 
Legality of cryptocurrency in India
Legality of cryptocurrency in IndiaLegality of cryptocurrency in India
Legality of cryptocurrency in IndiaAltacit Global
 

More from Altacit Global (20)

Unmanned aircraft system rules, 2020
Unmanned aircraft system rules, 2020Unmanned aircraft system rules, 2020
Unmanned aircraft system rules, 2020
 
Sexual harassment during work from home
Sexual harassment during work from homeSexual harassment during work from home
Sexual harassment during work from home
 
Information technology guidelines for intermediaries and digital media ethics...
Information technology guidelines for intermediaries and digital media ethics...Information technology guidelines for intermediaries and digital media ethics...
Information technology guidelines for intermediaries and digital media ethics...
 
Returns and refunds consumer protection act
Returns and refunds  consumer protection actReturns and refunds  consumer protection act
Returns and refunds consumer protection act
 
Rights of an unborn child
Rights of an unborn childRights of an unborn child
Rights of an unborn child
 
Grounds for divorce in India
Grounds for divorce in IndiaGrounds for divorce in India
Grounds for divorce in India
 
Alimony laws in India
Alimony laws in IndiaAlimony laws in India
Alimony laws in India
 
Patent licensing
Patent licensingPatent licensing
Patent licensing
 
Surrogacy laws-in-India
Surrogacy laws-in-IndiaSurrogacy laws-in-India
Surrogacy laws-in-India
 
I r s form w-9
I r s form w-9I r s form w-9
I r s form w-9
 
Tamilnadu regulation of rights and responsibilities of landlords and tenants ...
Tamilnadu regulation of rights and responsibilities of landlords and tenants ...Tamilnadu regulation of rights and responsibilities of landlords and tenants ...
Tamilnadu regulation of rights and responsibilities of landlords and tenants ...
 
Requirements for operation of civil remotely piloted aircraft system
Requirements for operation of civil remotely piloted aircraft systemRequirements for operation of civil remotely piloted aircraft system
Requirements for operation of civil remotely piloted aircraft system
 
Rights of employees under insolvent companies
Rights of employees under insolvent companiesRights of employees under insolvent companies
Rights of employees under insolvent companies
 
Doctrine of originality copyright
Doctrine of originality copyrightDoctrine of originality copyright
Doctrine of originality copyright
 
Restoration of lapsed patents in India
Restoration of lapsed patents in IndiaRestoration of lapsed patents in India
Restoration of lapsed patents in India
 
Celebrity rights in India
Celebrity rights in IndiaCelebrity rights in India
Celebrity rights in India
 
Technology Development Board
Technology Development BoardTechnology Development Board
Technology Development Board
 
Motor accident mediation authority (MAMA)
Motor accident mediation authority (MAMA)Motor accident mediation authority (MAMA)
Motor accident mediation authority (MAMA)
 
Sebi (prohibition of insider trading) regulations, 2015
Sebi (prohibition of insider trading) regulations, 2015Sebi (prohibition of insider trading) regulations, 2015
Sebi (prohibition of insider trading) regulations, 2015
 
Legality of cryptocurrency in India
Legality of cryptocurrency in IndiaLegality of cryptocurrency in India
Legality of cryptocurrency in India
 

Recently uploaded

POLICE ACT, 1861 the details about police system.pptx
POLICE ACT, 1861 the details about police system.pptxPOLICE ACT, 1861 the details about police system.pptx
POLICE ACT, 1861 the details about police system.pptxAbhishekchatterjee248859
 
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.pptFINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.pptjudeplata
 
Indemnity Guarantee Section 124 125 and 126
Indemnity Guarantee Section 124 125 and 126Indemnity Guarantee Section 124 125 and 126
Indemnity Guarantee Section 124 125 and 126Oishi8
 
Constitutional Values & Fundamental Principles of the ConstitutionPPT.pptx
Constitutional Values & Fundamental Principles of the ConstitutionPPT.pptxConstitutional Values & Fundamental Principles of the ConstitutionPPT.pptx
Constitutional Values & Fundamental Principles of the ConstitutionPPT.pptxsrikarna235
 
如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书
 如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书 如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书
如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书Sir Lt
 
如何办理澳洲南澳大学(UniSA)毕业证学位证书
如何办理澳洲南澳大学(UniSA)毕业证学位证书如何办理澳洲南澳大学(UniSA)毕业证学位证书
如何办理澳洲南澳大学(UniSA)毕业证学位证书Fir L
 
PPT on information technology laws description
PPT on information technology laws descriptionPPT on information technology laws description
PPT on information technology laws descriptionranaanish11062001
 
Essentials of a Valid Transfer.pptxmmmmmm
Essentials of a Valid Transfer.pptxmmmmmmEssentials of a Valid Transfer.pptxmmmmmm
Essentials of a Valid Transfer.pptxmmmmmm2020000445musaib
 
如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书
如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书
如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书Fir L
 
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.pptFINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.pptjudeplata
 
如何办理美国波士顿大学(BU)毕业证学位证书
如何办理美国波士顿大学(BU)毕业证学位证书如何办理美国波士顿大学(BU)毕业证学位证书
如何办理美国波士顿大学(BU)毕业证学位证书Fir L
 
如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书
如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书
如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书Fs Las
 
Understanding Social Media Bullying: Legal Implications and Challenges
Understanding Social Media Bullying: Legal Implications and ChallengesUnderstanding Social Media Bullying: Legal Implications and Challenges
Understanding Social Media Bullying: Legal Implications and ChallengesFinlaw Associates
 
如何办理佛蒙特大学毕业证学位证书
 如何办理佛蒙特大学毕业证学位证书 如何办理佛蒙特大学毕业证学位证书
如何办理佛蒙特大学毕业证学位证书Fir sss
 
如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书
如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书
如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书FS LS
 
如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书
如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书
如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书Fir L
 
定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一
定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一
定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一jr6r07mb
 
Cleades Robinson's Commitment to Service
Cleades Robinson's Commitment to ServiceCleades Robinson's Commitment to Service
Cleades Robinson's Commitment to ServiceCleades Robinson
 

Recently uploaded (20)

POLICE ACT, 1861 the details about police system.pptx
POLICE ACT, 1861 the details about police system.pptxPOLICE ACT, 1861 the details about police system.pptx
POLICE ACT, 1861 the details about police system.pptx
 
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.pptFINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
 
Indemnity Guarantee Section 124 125 and 126
Indemnity Guarantee Section 124 125 and 126Indemnity Guarantee Section 124 125 and 126
Indemnity Guarantee Section 124 125 and 126
 
Constitutional Values & Fundamental Principles of the ConstitutionPPT.pptx
Constitutional Values & Fundamental Principles of the ConstitutionPPT.pptxConstitutional Values & Fundamental Principles of the ConstitutionPPT.pptx
Constitutional Values & Fundamental Principles of the ConstitutionPPT.pptx
 
如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书
 如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书 如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书
如何办理(MSU文凭证书)密歇根州立大学毕业证学位证书
 
如何办理澳洲南澳大学(UniSA)毕业证学位证书
如何办理澳洲南澳大学(UniSA)毕业证学位证书如何办理澳洲南澳大学(UniSA)毕业证学位证书
如何办理澳洲南澳大学(UniSA)毕业证学位证书
 
Russian Call Girls Rohini Sector 7 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
Russian Call Girls Rohini Sector 7 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...Russian Call Girls Rohini Sector 7 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
Russian Call Girls Rohini Sector 7 💓 Delhi 9999965857 @Sabina Modi VVIP MODEL...
 
PPT on information technology laws description
PPT on information technology laws descriptionPPT on information technology laws description
PPT on information technology laws description
 
Essentials of a Valid Transfer.pptxmmmmmm
Essentials of a Valid Transfer.pptxmmmmmmEssentials of a Valid Transfer.pptxmmmmmm
Essentials of a Valid Transfer.pptxmmmmmm
 
如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书
如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书
如何办理美国加州大学欧文分校毕业证(本硕)UCI学位证书
 
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.pptFINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
FINALTRUEENFORCEMENT OF BARANGAY SETTLEMENT.ppt
 
如何办理美国波士顿大学(BU)毕业证学位证书
如何办理美国波士顿大学(BU)毕业证学位证书如何办理美国波士顿大学(BU)毕业证学位证书
如何办理美国波士顿大学(BU)毕业证学位证书
 
如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书
如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书
如何办理(SFSta文凭证书)美国旧金山州立大学毕业证学位证书
 
Sensual Moments: +91 9999965857 Independent Call Girls Vasundhara Delhi {{ Mo...
Sensual Moments: +91 9999965857 Independent Call Girls Vasundhara Delhi {{ Mo...Sensual Moments: +91 9999965857 Independent Call Girls Vasundhara Delhi {{ Mo...
Sensual Moments: +91 9999965857 Independent Call Girls Vasundhara Delhi {{ Mo...
 
Understanding Social Media Bullying: Legal Implications and Challenges
Understanding Social Media Bullying: Legal Implications and ChallengesUnderstanding Social Media Bullying: Legal Implications and Challenges
Understanding Social Media Bullying: Legal Implications and Challenges
 
如何办理佛蒙特大学毕业证学位证书
 如何办理佛蒙特大学毕业证学位证书 如何办理佛蒙特大学毕业证学位证书
如何办理佛蒙特大学毕业证学位证书
 
如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书
如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书
如何办理密德萨斯大学毕业证(本硕)Middlesex学位证书
 
如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书
如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书
如何办理新加坡南洋理工大学毕业证(本硕)NTU学位证书
 
定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一
定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一
定制(WMU毕业证书)美国西密歇根大学毕业证成绩单原版一比一
 
Cleades Robinson's Commitment to Service
Cleades Robinson's Commitment to ServiceCleades Robinson's Commitment to Service
Cleades Robinson's Commitment to Service
 

Understanding antitrust laws and patent pools

  • 1. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com PATENT POOL AND ANTITRUST SUCHITRA BAI PATENT DEPARTMENT
  • 2. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com MEANING OF PATENT A patent is a legal document, granted for any novel, non-obvious and utility product or process, by a state to an inventor for a statutorily specified period of time upon the disclosure of his invention in a document known as the patent specification. The patent confers the owner/inventor with an exclusive monopoly rights over his invention, preventing others from exploiting his invention to which the patent has been issued.
  • 3. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com MEANING OF PATENT POOL A patent pool is an agreement between two or more patent owners to license one or more of their patents to one another or third parties. A patent pool may also be defined as “the aggregation of intellectual property rights which are the subject of cross-licensing, whether they are transferred directly by patentee to licensee or through some medium, such as a joint venture, set up specifically to administer the patent pool.”
  • 4. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com PATENT POOL PROCESS PATENT
  • 5. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com PATENT POOL PROCESS A patent pool is a simple system where patent- owners voluntarily give their patents to a central organization that then licenses them to other companies and researchers. Companies that make unbranded drugs and researchers that want to use the patents to develop new versions of the drugs can access the patents in the Pool in exchange for paying a fair royalty to the patent owners. The Pool acts as a ‘one-stop-shop’ for managing the negotiations and receiving and paying the royalties.
  • 6. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com BENEFITS Patent pools provide many benefits for licensees including:  Offers practical way to overcome patent barriers, which encourages competition and leads to lower prices.  Avoiding protracted negotiations on licensing terms and conditions with each patent owner through a single point of contact « one stop shop »  Clearing of blocking positions.  Gaining competitive advantage by getting products to market more quickly.  Making the technology accessible to all users on fair, reasonable, and non-discriminatory terms and conditions.
  • 7. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com • Antitrust laws are referred to as "competition laws" - are statutes developed by the U.S. Government to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy. DEFINITION OF ANTITRUST
  • 8. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com [CONTD… • Antitrust laws are applied to a wide range of questionable business activities, including but not limited to: Market Allocation: • Suppose my company operates in the Northeast and your company does business in the Southwest. If you agree to stay out of my territory, I won't enter yours, and because the costs of doing business are so high that startups have no chance of competing, we both have a de facto monopoly.
  • 9. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com CONTD… • Bid Rigging: There are three companies in an industry, and all three decide to quietly operate as a cartel. Company 1 will win the current auction, so long as it allows Company 2 to win the next and Company 3 to win thereafter. Each company plays this game so that all retain current market share and price, thereby preventing competition.
  • 10. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com CONTD… • Price Fixing: My company and your company are the only two companies in our industry, and our products are so similar that the consumer is indifferent between the two except for price. In order to avoid a price war, we sell our products at the same price to maintain margin, resulting in higher costs than the consumer would otherwise pay.
  • 11. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com OBJECTIVE OF ANTITRUST LAW • The antitrust laws prescribe unlawful mergers and business practices in general terms, leaving courts to decide which ones are illegal based on the facts of each case. Courts have applied the antitrust laws to changing markets, from a time of horse and buggies to the present digital age. Yet for over 100 years, the antitrust laws have had the same basic objective: • to protect the process of competition for the benefit of consumers, • making sure there are strong incentives for businesses to operate efficiently, keep prices down, and • keep quality up.
  • 12. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com CASE LAWS • In the first case, United States v. Trans-Missouri Freight Association, the Supreme Court found that railroad companies had acted unlawfully by setting up an organisation to fix transport prices. The railroads had protested that their intention was to keep prices low, not high. The court found that this was not true, but stated that not every "restraint of trade" in a literal sense could be unlawful. Just as under the common law, the restraint of trade had to be "unreasonable".
  • 13. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com CHICAGO BOARD OF TRADE V. UNITED STATES • The Supreme Court found a "good" restraint of trade. The Chicago Board of Trade had a rule that commodities traders were not allowed to privately agree to sell or buy after the market's closing time (and then finalise the deals when it opened the next day). The reason for the Board of Trade having this rule was to ensure that all traders had an equal chance to trade at a transparent market price. It plainly restricted trading, but the Chicago Board of Trade argued this was beneficial. Brandeis J., giving judgment for a unanimous Supreme Court, held the rule to be pro-competitive, and comply with the rule of reason. It did not violate the Sherman Act.
  • 14. CHENNAI 3rd Floor, ‘Creative Enclave’, 148-150, Luz Church Road, Mylapore, Chennai - 600 004. Tel: +91 - 44 - 2498 4821 BANGALORE Suite 920, Level 9, Raheja Towers, 26-27, M G Road, Bangalore - 560 001. Tel: +91 - 80 - 6546 2400 COIMBATORE BB1, Park Avenue, # 48, Race Course Road, Coimbatore - 641018. Tel: +91 - 422 – 6552921 EMAIL info@altacit.com WEBSITE www.altacit.com THANK YOU