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ARTICLE · 15 NOVEMBER 2024

Hat Can Teva Teach Us About Competition Law?

The connection between IP and competition law may not be immediately obvious. However, it is important to bear in mind that competition law affects all commercial dealings, including intellectual property transactions.

United KingdomAntitrust/Competition Law

The connection between IP and competition law may not be immediately obvious. However, it is important to bear in mind that competition law affects all commercial dealings, including intellectual property transactions. By their nature, intellectual property rights and, especially, patents, are anti-competitive. They provide monopoly rights, which inevitably restrict entry into the market of competing products.

European case law highlights the importance of the balance to be struck between maintaining free competition and the requirement to safeguard intellectual property rights.

The case we discuss below shows how important it is to keep in mind the wide reach of competition law and how easy it is to get a hefty fine for, in the eyes of the relevant authorities, abusing the system.

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