Defining “Reasonable” in RAND: A Bit of Common Sense

This article is part of a Chronicle. See more from this Chronicle

Sean Gates, Mar 16, 2015

What is RAND? It’s a simple question. Given the ubiquity of the term, one would think that the answer would be clear. After all, standard-setting organizations (“SSOs”) around the world require patent holders to declare their standard-essential patents and commit to license on RAND terms. Competition law enforcement agencies have mandated RAND licensing in remedial orders. Courts h