Non-standards patents do not have to be licensed and any price, however extreme, can be charged.
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The talks are centring on what are known as fair, resasonable and non-discriminatory-type patents (FRAND) for innovations that are recognised as being critical to an industry standard.
However, non-SEP patents do not have to be licensed.
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In a somewhat more significant part of the deal, Google also agreed to make its standards-essential patents available on so-called fair, reasonable, and non-discriminatory terms without using injunctions to block their use by rivals.
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Microsoft's lawsuit states that Google had requested an excessive amount of money for its Frand-type patents - rights that were supposed to be offered on fair, reasonable and non-discriminatory terms since Motorola had acknowledged their critical status.
Back to patents only for things which are non-trivial, non-obvious and new and unique please.
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The global system for licences allows for rival companies to agree the use of patents under fair, reasonable and non-discriminatory conditions.
Property incomes include incomes receivable or payable by institutional units in connection with putting the financial assets, land, and other non-financial assets (minerals and other natural resources, patents, licenses, etc) at the disposal of other institutional units.
As Nokia clearly went to great lengths to assert its strongest patents first, we are confident that its non-essential patent portfolio poses little threat to HTC.
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Yet standards essential patents must be licensed on fair, reasonable and non-discriminatory grounds (FRAND).
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It stipulates, among other things, standardised forms that all patent offices must accept, basic standards for electronic submission of patents, and mechanisms to avoid loss of rights due to non-essential formalities or unintentional delays.
The point about patents is that they are supposed to be for things that are non-trivial and non-obvious.
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These non-practicing entities, companies with no operations, and contingency lawyers, would acquire patents and then go out and extort rich licenses from large corporations with legal claims, usually in Eastern Texas.
It wants non-commercial activity to be exempt from copyright, a ban on DRM technologies and a ban on gene patents.
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