Perspective
Apr. 18, 2015
IEEE steps into fray on patent damages
Although debates over reasonable and nondiscriminatory (RAND) licensing are not new, the IEEE's move breaks with prior practice. By Michael Ng and Daniel Zaheer
By Michael Ng and Daniel Zaheer
In February 2015, the Institute of Electrical and Electronics Engineers, a leading professional and standard-setting body, took the unprecedented step of defining the "reasonable royalty" that may be charged by a patent holder who commits to making a patent available for use in the standard.
Although debates over reasonable and nondiscriminatory (RAND) licensing are not new, the IEEE's move breaks with pri...
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