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Sweetheart Deals between Pharmaceutical Companies: Consumer Welfare Effect of Pay-for-Delay Settlements through Competition Law and Patent Law

Günay, Nazli LU (2013) JAEM03 20131
Department of Law
Abstract
The use of pay-for-delay settlements in the pharmaceutical sector, by which the entry of a generic drug into the market is delayed by way of a value transfer from the originator company to generic companies, have raised intense scrutiny by the EU and the US authorities. This thesis reviews the way it has been analyzed under European and the US competition and patent law. Also, the law and economics discussion underlying pay-for-delay settlements will be explored. Through these analyses, the thesis concludes that pay-for-delay settlements have a detrimental impact for consumer welfare.
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author
Günay, Nazli LU
supervisor
organization
course
JAEM03 20131
year
type
H2 - Master's Degree (Two Years)
subject
keywords
competition, patent, consumer welfare, pharmaceuticals, generic delay, pay-for-delay settlements
language
English
id
4174605
date added to LUP
2013-11-27 12:05:10
date last changed
2013-11-27 12:05:10
@misc{4174605,
  abstract     = {The use of pay-for-delay settlements in the pharmaceutical sector, by which the entry of a generic drug into the market is delayed by way of a value transfer from the originator company to generic companies, have raised intense scrutiny by the EU and the US authorities. This thesis reviews the way it has been analyzed under European and the US competition and patent law. Also, the law and economics discussion underlying pay-for-delay settlements will be explored. Through these analyses, the thesis concludes that pay-for-delay settlements have a detrimental impact for consumer welfare.},
  author       = {Günay, Nazli},
  keyword      = {competition,patent,consumer welfare,pharmaceuticals,generic delay,pay-for-delay settlements},
  language     = {eng},
  note         = {Student Paper},
  title        = {Sweetheart Deals between Pharmaceutical Companies: Consumer Welfare Effect of Pay-for-Delay Settlements through Competition Law and Patent Law},
  year         = {2013},
}