EU Mulling Changes To Standard-Essential Patents Policy
Law360 (July 13, 2021, 9:11 PM EDT) -- The European Commission has announced that it is working on creating a more balanced licensing framework for standard-essential patents, saying that the current system is "not transparent, predictable and efficient."
The new initiative by the European Commission — the European Union's executive branch — will create a "fair and balanced licensing framework and may combine legislative and non-legislative action," the commission said on its website.
"Patent-holders commit to licence their SEPs to users of the standard on fair, reasonable and non-discriminatory terms and conditions," the website states. "However, the system for licensing SEPs is not transparent, predictable and efficient."
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