A PYMNTS Company

Standard-Setting Policies and the Rule of Reason: When Does the Shield Become a Sword?

BY | May 6, 2008

This article is part of a Chronicle. See more from this Chronicle Jennifer Driscoll, May 06, 2008 The rewards and pitfalls of standard setting conjure images of the legend of…

This article is part of a Chronicle. See more from this Chronicle

Jennifer Driscoll, May 06, 2008

The rewards and pitfalls of standard setting conjure images of the legend of Damocles. From afar, the benefits of a “collaborative standard-setting process [that] enable[s] industry participants to share knowledge and develop a best-of-breed product or process” (Barnett, 2006) appear enormously attractive. The widespread acceptance of a standard that promotes product interoperability

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