MANILA, Sept. 27 -- Officials from competition and intellectual property authorities from all ASEAN Member States gathered to discuss the interfacing issues between competition law and intellectual property rights in Manila, the Philippines today.
Both competition and intellectual property laws share the common purpose of promoting innovation and enhancing consumer welfare.
Dr Arsenio Balisacan, Chairman of the Philippines Competition Commission (PCC) remarked that, "there are objectives that competition policy and intellectual property rights (IPR) share; that is, to promote innovation, contribute to economic growth, and enhance the quality and enjoyment of life of the people." He reiterated that "finding the right balance between compet...