Patent Holdout Explains why Patent Holdup is Still on the Table: In Memoriam of Alexander Galetovic

The evidence reported in two empirical papers co-authored by the late Professor Galetovic, showing that all observable implications of the patent holdup theory are inconsistent with the data from the world mobile wireless industry, should have put an end to the debate about the relevance of patent holdup in the SEP context. Yet, it has not. This paper does not explain why that is the case, but it shows that the protracted debate about patent holdup mainly benefits those implementers who engage i