Is technology all the time in your thoughts? For instance, the events are likely to be thought-about potential opponents on the product market the place the licensee produces on the premise of its own know-how in one geographic market and begins producing in another geographic market on the basis of a licensed competing know-how.
Tokken, a digital bank startup, gives cannabusinesses a bank account and blockchain-primarily based transaction historical past that is linked to brick-and-mortar banking institutions and seed-to-sale methods, with Tokken because the intermediary.
The assessment of whether a licence agreement restricts competitors have to be made inside the actual context by which competitors would occur within the absence of the settlement with its alleged restrictions (11) In making this assessment it’s essential to take account of the likely influence of the agreement on inter-expertise competitors (that is to say, competitors between undertakings using competing technologies) and on intra-technology competition (that is to say, competitors between undertakings utilizing the same expertise) (12) Article one hundred and one(1) prohibits restrictions of each inter-expertise competition and intra-expertise competitors.
On the similar time, dozens of startups are using the technology for every little thing from international funds to music sharing, from tracking diamond gross sales to the legal marijuana business That’s why blockchain’s potential is so vast: In terms of digital belongings and transactions, you may put absolutely anything on a blockchain.
The chance dealing with the events and the sunk funding that should be dedicated might thus result in the agreement falling outside Article one zero one(1) or fulfilling the conditions of Article 101(3), because the case may be, for the time period required to recoup the investment.