January 10, 2017

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...

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