A Note on Patents and Leniency

The purpose of this note is to investigate the relationship between patents and market collusion. Specifically, by using game theory tools, it is shown that patents can act as a leniency mechanism, i.e., they can enable firms to leave a cartel without the risk of retaliation. However, the socially b...

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Bibliographic Details
Main Author: Adam Karbowski
Format: Article
Language:English
Published: Collegium of Economic Analysis, SGH Warsaw School of Economics 2020-03-01
Series:Gospodarka Narodowa. The Polish Journal of Economics
Subjects:
Online Access:http://www.journalssystem.com/gna/A-Note-on-Patents-and-Leniency,116615,0,2.html