Standard Essential Patents: Making FRANDs and Foes

Fair, reasonable, and non-discriminatory terms (FRAND) are a voluntary licensing commitment that standards setting organizations request from the owner of a patent that is essential to implement a technical standard. In a world where technology thrives best when it is democratized by not just multiple large enterprises but also small and medium sized businesses, FRAND commitments promise to simplify, expedite and make more cost effective, the licensing process of important inventions. But alas, even as the philosophy behind FRAND is universally accepted to be beneficial for public-at-large, FRAND only continues to increase confusion and uncertainty. Rather than offering fair and reasonable

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