FTC initiative to explore IP market potential

The Federal Trade Commission (FTC) announced on Nov. 6 the first of a possible series of public hearings to explore the evolving market for intellectual property (IP). The hearings will be held beginning on December 5, 2008, in Washington, DC. The FTC will examine changes in IP law, patent-related business models, and new learning about the operation of the IP marketplace since the issuance in October 2003 of the Commission report To Promote Innovation: The Proper Balance of Competition and Patent Law and Policy.

A great initiative and an interesting opportunity for the IP community to explore possibilities to mature the IP market opportunities.

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