Market Power and Transferable Property Rights

Market Power and Transferable Property Rights

Intellectual Property Rights and Market Dynamics

Transmission Rights and Market Power

Historically, the primary barrier to greater competition in the electricity industry has been the vertical integration of most firms. Control of the transmission grid can advantage some competitors at the expense of others. In electricity markets around the world, policymakers have attempted to solve this problem through the creation of independent ‘gridcos’ or ‘system operators’ that either ow...

PWP - 062 Transmission Rights and Market Power

Intellectual property rights, market competition and access to affordable antiretrovirals.

The number of patients receiving antiretroviral therapy (ART) has increased from around half a million in 2003 to almost 10 million in only 10 years, and will continue to increase in the coming years. Over 16 million more are eligible to start ART according to the last World Health Organization (WHO) guidelines. The demand is also switching from the less expensive antiretrovirals (ARVs) that al...