Public Policy Considerations in Intellectual Property-Related International Investment Arbitration

in: Christophe Geiger (ed.), Research Handbook on Intellectual Property and Investment Law, Cheltenham (UK)/Northampton, MA (USA), Edward Elgar Publishing, 2019 Forthcoming

44 Pages Posted: 19 Oct 2018 Last revised: 23 Jan 2019

Date Written: October 18, 2018

Abstract

In the investment arbitration Philip Morris v. Uruguay the arbitral tribunal rejected Philip Morris’ claim that Uruguay’s anti-smoking legislation expropriated the tobacco company’s trademarks. In its reasoning the tribunal largely deferred to Uruguay’s policy decision to curtail tobacco companies’ business operations for the purpose of enhancing public health. Philip Morris v. Uruguay raises the question if there are, apart from public health, other public policy considerations which the tribunal should have given more weight to, e.g. the promotion of foreign investment and the protection of intellectual property (IP). The article explores the concept of ‘public policy’ and how IP law, WTO law as well as international investment law, i.e. the legal regimes relevant to IP-related investment arbitration, deal with public policy considerations. The article also reviews the handling of public policy considerations in the IP-related investment arbitrations Philip Morris v. Uruguay, Eli Lilly v. Canada as well as Bridgestone v. Panama.

Keywords: public policy, international investment law, intellectual property law, patents, trademarks, anti-tobacco legislation, olanzapine, Philip Morris v. Uruguay, Eli Lilly v. Canada, Bridgestone v. Panama, Philip Morris v. Australia, TRIPs, WTO, WHO FCTC

JEL Classification: F13, I18, K11, K33

Suggested Citation

Klopschinski, Simon, Public Policy Considerations in Intellectual Property-Related International Investment Arbitration (October 18, 2018). in: Christophe Geiger (ed.), Research Handbook on Intellectual Property and Investment Law, Cheltenham (UK)/Northampton, MA (USA), Edward Elgar Publishing, 2019 Forthcoming. Available at SSRN: https://ssrn.com/abstract=3269211

Simon Klopschinski (Contact Author)

Rospatt Osten Pross ( email )

Emanuel-Leutze-Straße 11
Düsseldorf, 40547
Germany

HOME PAGE: http://www.rospatt.de

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