A 'standard essential patent' (SEP) is a patent which protects a technology which its owner has declared to be essential to the implementation of one or more technical industry standards. Such standards allow interoperability between components or products manufactured by different entities, and SEPs are therefore of significant value to their owners. Not only do they provide a substantial revenue stream, but they also potentially enable their owners to 'hold-up' users after the adoption and publication of the standard either by refusing to license the SEP or by extracting excessive royalty fees. SEP owners may hold portfolios of very
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234