Open AccessFRAND Commitments in Theory and Practice: A Response to Lemley and Shapiro's 'A Simple Approach'
Author(s) -
Edward F. Sherry,
David J. Teece,
Peter Grindley
Publication year - 2016
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.2764615
Subject(s) - simple (philosophy) , economics , law and economics , mathematical economics , computer science , regional science , sociology , epistemology , philosophy
We respond to a recent proposal by Profs. Lemley and Shapiro for compulsory binding final-offer (baseball-style) arbitration for disputes over licensing FRAND-commited standards-essential patents. We demonstrate that, contrary to their suggestions, their proposal is not "best practices" for any standards-setting organization and suffers from a number of practical and conceptual problems.
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