Published: August 8, 2017
Publication: Lexology
“Standard-essential patents (SEPs) are already today subject of many legal disputes, mainly in the area of telecommunication. Numerous companies continually try to exploit the value of its SEPs, which is artificially gained through the implementation in a standard, by requesting unfair, unreasonable or discriminatory royalties from companies developing standard-compliant devices.
With the increasing relevance of the internet of things, the core of which is interoperability of devices, these disputes threaten to expand to other commercial areas such as vehicles or consumer electronics. To prevent this, calls for fairer, more open and transparent SEP licensing have become much louder in the recent past. One initiative in this regard is the Fair Standards Alliance, the Chairman of which, Robert Pocknell, summarized his concerns about the current SEP situation in an article in the Financial Times published on 7 August 2017.”