AIPLA Supplemental Comments on FTC Hearings on Competition and Consumer Protection in the 21st Century: Discussion of Innovation and IP Policy

AIPLA understands antitrust enforcers sometimes refer to “innovation” as “dynamic competition.” We commend modern U.S. antitrust law for recognizing that “competition” and “innovation” are generally synonymous, and that innovation-based competition is equally as important as themore traditional static “price competition”.