A Simple Approach to Setting Reasonable Royalties for Standard-Essential Patents

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Release : 2020
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A Simple Approach to Setting Reasonable Royalties for Standard-Essential Patents - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Simple Approach to Setting Reasonable Royalties for Standard-Essential Patents write by Mark A. Lemley. This book was released on 2020. A Simple Approach to Setting Reasonable Royalties for Standard-Essential Patents available in PDF, EPUB and Kindle. Standard Setting Organizations (SSOs) typically require their members to license any standard-essential patent on Fair, Reasonable, and Non-Discriminatory (FRAND) terms. Unfortunately, numerous high-stakes disputes have recently broken out over just what these “FRAND commitments” mean and how and where to enforce them. We propose a simple, practical set of rules regarding patents that SSOs can adopt to achieve the goals of FRAND commitments far more efficiently with far less litigation. Under our proposed approach, if an standard-essential patent owner and an implementer of the standard cannot agree on licensing terms, the standard-essential patent owner is obligated to enter into binding baseball-style (or “final offer”) arbitration with any willing licensee to determine the royalty rate. This obligation may be conditioned on the implementer making a reciprocal FRAND Commitment for any standard-essential patents it owns that read on the same standard. If the implementer is unwilling to enter into binding arbitration, the standard-essential patent owner's FRAND commitment not to go to court to enforce its standard-essential patents against that party is discharged. We explain how our proposed FRAND regime would work in practice. Many of the disputes currently arising around FRAND commitments become moot under our approach.

Complications and Quandaries in the ICT Sector

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Release : 2017-10-27
Genre : Law
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Book Rating : 118/5 ( reviews)

Complications and Quandaries in the ICT Sector - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Complications and Quandaries in the ICT Sector write by Ashish Bharadwaj. This book was released on 2017-10-27. Complications and Quandaries in the ICT Sector available in PDF, EPUB and Kindle. This book is open access under a CC BY 4.0 license. With technology standards becoming increasingly common, particularly in the information and communications technology (ICT) sector, the complexities and contradictions at the interface of intellectual property law and competition law have emerged strongly. This book talks about how the regulatory agencies and courts in the United States, European Union and India are dealing with the rising allegations of anti-competitive behaviour by standard essential patent (SEP) holders. It also discusses the role of standards setting organizations / standards developing organizations (SSO/SDO) and the various players involved in implementing the standards that influence practices and internal dynamics in the ICT sector. This book includes discussions on fair, reasonable and non-discriminatory (FRAND) licensing terms and the complexities that arise when both licensors and licensees of SEPs differ on what they mean by “fair”, “reasonable” and “non-discriminatory” terms. It also addresses topics such as the appropriate royalty base, calculation of FRAND rates and concerns related to FRAND commitments and the role of Federal Trade Commission (FTC) in collaborative standard setting process. This book provides a wide range of valuable information and is a useful tool for graduate students, academics and researchers.

Patent Remedies and Complex Products

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Release : 2019-06-27
Genre : Business & Economics
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Book Rating : 751/5 ( reviews)

Patent Remedies and Complex Products - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Patent Remedies and Complex Products write by C. Bradford Biddle. This book was released on 2019-06-27. Patent Remedies and Complex Products available in PDF, EPUB and Kindle. Through a collaboration among twenty legal scholars from North America, Europe and Asia, this book presents an international consensus on the use of patent remedies for complex products such as smartphones, computer networks, and the Internet of Things. This title is also available as Open Access on Cambridge Core.

The Comparative Law and Economics of Standard-Essential Patents and FRAND Royalties

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Release : 2014
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The Comparative Law and Economics of Standard-Essential Patents and FRAND Royalties - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Comparative Law and Economics of Standard-Essential Patents and FRAND Royalties write by Thomas F. Cotter. This book was released on 2014. The Comparative Law and Economics of Standard-Essential Patents and FRAND Royalties available in PDF, EPUB and Kindle. Standard setting organizations often require their members to declare which of their patents are essential to the practice of a prospective standard, and to agree to license any such standard-essential patents (SEPs) on "fair, reasonable, and nondiscriminatory" (FRAND) terms. Among the issues that have arisen in recent disputes involving FRAND-encumbered SEPs are (1) whether a FRAND commitment creates a binding contract for the benefit of third parties, obligating the SEP owner to forgo the right to seek injunctive relief for the infringement of the SEP; (2) whether the law of remedies, or other principles of generally applicable civil law such as the doctrine of "abuse of right," can limit the prevailing SEP owner's ability to obtain injunctive relief; (3) the circustances under which competition law (antitrust) may play a role in resolving these matters; (4) whether the patentee is entitled to relief in the form of ongoing damages, if one or more of these bodies of law eliminates the possibility of an injunction; and (5) if so, how should courts calculate those damages. This article provides both an overview of how courts and other entities have begun to address these questions in the United States and elsewhere, and my analysis of the advantages and disadvantages of different possible approaches. I argue, among other things, first that courts generally should not allow SEP owners to obtain injunctions, but rather only ongoing damages; second, that in principle though perhaps not always in practice, it is preferable to use contract and patent law to achieve this result, as opposed to antitrust; and third, that in awarding monetary relief for the infringement of SEPs courts should apply the same methodology the use to calculate reasonable royalties generally, subject to a few modifications.

Licensing Standard Essential Patents

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Release : 2021-11-18
Genre : Law
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Book Rating : 566/5 ( reviews)

Licensing Standard Essential Patents - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Licensing Standard Essential Patents write by Igor Nikolic. This book was released on 2021-11-18. Licensing Standard Essential Patents available in PDF, EPUB and Kindle. What is the licensing framework of standard essential patents (SEPs) for connectivity standards such as 5G and Wi-Fi? How will the framework change with the Internet of Things (IoT)? This book provides comprehensive answers to these questions. For over two decades, connectivity standards have been the subject of litigation and controversy around the globe. Now, with the introduction of 5G and the emergence of the world of connected objects, or the IoT, the licensing framework for SEPs is becoming even more contentious. In order to bring clarity to the debate, this book analyses and explains key components of a fair, reasonable and non-discriminatory (FRAND) licence for SEPs; clarifies the economic, policy and market background of SEP disputes; examines the interrelated application of contract, patent and competition laws; and describes the approaches by courts and regulators in the EU, US and the UK. Importantly, the book also assesses how the experience from the smartphone and ICT industries can be applied in a new environment of the IoT, and considers what needs to be changed in the future SEP licensing landscape. The book provides a holistic coverage of SEP licensing issues in an attempt to reduce uncertainty within this highly complex and technical area, and will be useful to practitioners, policy makers, SMEs and large technology companies in the IoT, as well as academics interested in the field.