Hello, I'm David Plott, Emlex's managing editor for Asia, based here in our Bureau in Hong Kong.

If you're new to Emlex's ongoing series of podcasts, we'd like to welcome you to our session today. And if you listen to our

podcast before, welcome back. Today we're looking at some startling developments in the area of

antitrust where stability has ruled the roost for some time now. We're talking about intellectual

property, and more specifically about the patents that underpin

industry standards.

They're known as standard essential patents or CEPs in the trade.

And our starting point today is the United States.

Last month, the U.S.'s top antitrust official announced a big change in the way the U.S. would view those patents.

That announcement by Macon Delrahim, the Assistant Attorney General for Antitrusts in the U.S. Department of Justice,

sent shockwaves throughout the antitrust world.

Over the previous few years, competition authorities in many jurisdictions

appeared to be reaching a consensus on how CEPs fitted into competition law. But now, following

Delrahim's remarks, some agencies seem to be rethinking their approach. Joining us now are three

of Emlex's correspondenceents. Visiting Hong Kong

from Washington, D.C., is chief North America correspondent Leah Nylon. From Brussels, we're joined

by senior correspondent Matthew Newman. And with us from Japan is Toko Sekiguchi, a senior

Emlex correspondent based in Tokyo.

Welcome to all three of you.

Thanks.

Thank you.

Hello, thank you.

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