Competition Commission Consults On Draft Guidelines for Treatment of Intellectual Property Rights
The draft guideline on the Treatment of Intellectual Property Rights (IPRs) sets out how the CCS views the interface between the Competition Act 2004 (Act) and IPRs, and indicates some of the factors and circumstances that the CCS may consider when assessing agreements and conduct which concern IPRs.
Public Feedback
2. The CCS has consulted and finalised the first set of three guidelines on section 34 and 47 prohibitions and market definition in July 2005. The CCS is currently evaluating the submissions from the public on the second and third sets of draft guidelines3.
3. The consultation documents for the draft Treatment of IPRs guideline can be downloaded from the CCS website at www.ccs.gov.sg under the section 'Guidelines' and the Government Online Consultation Portal at www.feedback.gov.sg. The closing date for submission is on or before noon, 24 October 20054.
4. The CCS, together with the Singapore Business Federation (SBF) will conduct an outreach seminar on 18 October 2005 for business associations, chambers, companies and businesses. Interested parties can contact SBF at events@sbf.org.sg or call 6827 6877 to register.
DRAFT GUIDELINE ON THE TREATMENT OF INTELLECTUAL PROPERTY RIGHTS
5. While both intellectual property law and competition law share the same basic objective of promoting economic efficiency and innovation, in the shorter run, they may seem to be at odds because of the tension between the need to provide incentives to encourage innovation, and maintaining effective competition. This draft guideline sets out how the CCS views the interface between IPRs and competition law, and outlines some of the factors and circumstances that the CCS may consider when assessing agreements and conduct which concern IPRs.
Public Feedback
2. The CCS has consulted and finalised the first set of three guidelines on section 34 and 47 prohibitions and market definition in July 2005. The CCS is currently evaluating the submissions from the public on the second and third sets of draft guidelines3.
3. The consultation documents for the draft Treatment of IPRs guideline can be downloaded from the CCS website at www.ccs.gov.sg under the section 'Guidelines' and the Government Online Consultation Portal at www.feedback.gov.sg. The closing date for submission is on or before noon, 24 October 20054.
4. The CCS, together with the Singapore Business Federation (SBF) will conduct an outreach seminar on 18 October 2005 for business associations, chambers, companies and businesses. Interested parties can contact SBF at events@sbf.org.sg or call 6827 6877 to register.
DRAFT GUIDELINE ON THE TREATMENT OF INTELLECTUAL PROPERTY RIGHTS
5. While both intellectual property law and competition law share the same basic objective of promoting economic efficiency and innovation, in the shorter run, they may seem to be at odds because of the tension between the need to provide incentives to encourage innovation, and maintaining effective competition. This draft guideline sets out how the CCS views the interface between IPRs and competition law, and outlines some of the factors and circumstances that the CCS may consider when assessing agreements and conduct which concern IPRs.
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