Jay Jurata, David Smith, Oct 15, 2013
A technology company is on the verge of introducing a cutting-edge device that builds on a widely adopted industry standard. To do so, it must use patented technology that is technically essential to the standard. The patent owner, despite committing to license its standard-essential patents on fair, reasonable, and non-discriminatory terms to all potential licensees, makes an extreme royalty demand. When the company refuses this offer, the patent owner thre
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