INNOVATIVE TRUST

GRANTS AND AWARDS TO FINANCE INNOVATION

The best of all monopoly profits is a quiet life

The noted English economist John Hicks famously said that “the best of all monopoly profits is a quiet life,
John. R. Hicks (Balliol College, Oxford Univ) , “Annual Survey of Economic Theory: The Theory of Monopoly,” 3 Econometrica 1, 8 (1935).

…………………..To many observers, this payment (612.5 million) reflected the strong bargaining position NTP enjoyed by virtue of its threat to shut down BlackBerry service, not the underlying value of NTP’s patented technology.
 ………………..Learning law is like learning a language. You cannot learn a language by reading a dictionary and a grammar book; you have to immerse yourself.
Christian Shapiro,Injunctions, Hold-up, and Patent Royalties, American Law and Economics Review, OUP, (2010)

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This entry was posted on April 19, 2011 by in Uncategorized.

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