|FOR IMMEDIATE RELEASE
FRIDAY, DECEMBER 7, 2012
TTY (866) 544-5309
DEPARTMENT OF JUSTICE, FEDERAL TRADE COMMISSION TO HOLD
Updated Agenda; Workshop to be Webcast Live
WASHINGTON — The Department of Justice and the Federal Trade Commission (FTC) announced today that they will hold a joint public workshop on Dec. 10, 2012, to explore the impact of patent assertion entity (PAE) activities on innovation and competition and the implications for antitrust enforcement and policy.
This workshop will examine the economic and legal implications of PAE activity, as distinct from prototypical “non-practicing entity” (NPE) activity, such as developing and transferring technology. By contrast, PAE activities often include purchasing patents from existing owners and seeking to maximize revenues by licensing the intellectual property to (or litigating against) manufacturers who are already using the patented technology.
Supporters of the PAE business model say that it facilitates the transfer of patent rights, rewards inventors and funds ongoing research and development efforts. Critics describe adverse effects on competition and innovation, including increased costs and a lack of technology transfer, ultimately taxing consumers and industry.
The workshop will provide a forum for industry participants, academics, economists, lawyers and other interested parties to discuss the economic and legal analyses of PAE activity. It will consist of a series of panels examining, among other topics, the legal treatment of PAE activity, economic theories concerning PAE activity and industry experiences. Panelists for the workshop will include academics, private attorneys, economists and industry representatives.
The Department of Justice and the FTC are interested in receiving comments on PAE activities and will accept written submissions from the public before the workshop and until March 10, 2013. Interested parties may submit public comments to: ATR.LPS-PAEPublicComments@usdoj.gov. Submitted comments will be made publicly available on the Department of Justice and FTC websites.
Due to an overwhelming response and limited space, interested parties are encouraged to view the webcast of the event, available here.
The workshop will take place at the FTC’s satellite conference center at 601 New Jersey Ave., N.W., Washington, D.C. from 9:00 a.m. to 5:30 p.m. EST on Dec. 10, 2012. Additional participants will be added to the agenda as they are confirmed. Updates to the agenda will be posted on the Department of Justice and FTC websites. The workshop will include the following panels, presentations and confirmed participants:
9:00 a.m. – Opening Remarks: FTC Chairman Jon Leibowitz
SESSION A: FRAMEWORK
9:15 a.m. – Lecture 1: Introduction to PAE Activity
9:35 a.m. – Lecture 2: Introduction to PAE Licensing
10:05 a.m. – Q & A with Professors Chien and Shapiro
BREAK (10:20 - 10:30 a.m.)
10:30 a.m. – Panel 1: Realities of Licensing and Litigation Practices
LUNCH (12:00 - 1:15 p.m.)
1:15 p.m. – Remarks
SESSION B: POTENTIAL EFFICIENCIES AND HARMS FROM PAE ACTIVITY: EFFECTS ON COMPETITION AND INNOVATION
1:45 p.m. – Academic Introduction to Potential Efficiencies from PAE Activity
Panel 1: Potential Efficiencies from PAE Activity
Academic Introduction to Potential Harms from PAE Activity
Panel 2: Potential Harms from PAE Activity
Panel 3: Industry Reaction
BREAK (3:45 - 4:00 p.m.)
SESSION C: HOW DOES ANTITRUST APPLY TO THE POTENTIAL EFFICIENCIES AND HARMS GENERATED BY PAE ACTIVITY
4:00 p.m. – Academic Introduction
4:20 p.m. – Panel Discussion
5:00 p.m. – Q & A
5:20 p.m. – Closing Remarks: Acting Assistant Attorney General for the Antitrust Division Renata B. Hesse
Directions to the FTC’s Conference Center are available at http://www.ftc.gov/bcp/workshops/transportationguide.shtml
Reasonable accommodations for people with disabilities are available upon request. Requests should be submitted via email to email@example.com or by calling Samantha Konstandt at 202-326-3348. Requests should be made in advance. Please include a detailed description of the accommodation needed and provide contact information.
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