ИСТИНА

The transfer of intellectual property rights (IPR) and associated relations are subject to regular antitrust policy in the developed economies, with some minor refinements. The application of antitrust policy to the same area in the developing countries is a question of controversy. Such economies as China and Russia apply explicit exceptions for IPR-related deals in their antitrust laws. The authors of the article consider alternative options of antitrust policy for IPR-related deals in emerging market economies and provide rationale for weakening of antitrust standards under certain conditions. This rationale is based on the goal of structural adjustment of the economy and on the prevention of undesirable growth of uncertainty affecting the choice of governance structures.