Investment Treaties and Intellectual Property: Eli Lilly v. Canada and Phillip Morris v. Uruguay
16 Pages Posted: 17 Jun 2018 Last revised: 10 Aug 2018
Date Written: June 1, 2018
Phillip Morris v. Uruguay and Eli Lilly v. Canada are two international investor-state cases that may reveal an emerging trend in international investment law: if a State creates laws that reduce the financial value of an investor’s domestic IP rights, then the investor might use the State’s international IP obligations against it in order to obtain compensation for the lost value of the IP or even force the State to consider reversing course.
Keywords: ISDS, Intellectual Property, Eli Lilly, Canada, Plain Packaging, Uruguay, Phillip Morris
JEL Classification: I18, K23, K32, K33
Suggested Citation: Suggested Citation