Patented or copyrighted products may confer market power on the owner in tying cases when there are high switching costs.

Question

Quizplus · Accepted Answer

Patented or copyrighted products may have unique features or capabilities that make it difficult for consumers to switch to a competitor's product. This can confer market power on the owner of the patent or copyright, allowing them to engage in tying arrangements where a consumer is required to buy one product in order to buy another, potentially anticompetitive behavior.

Patented or Copyrighted Products May Confer Market Power on the Owner