The European Commission late last week proposed rules governing patents on technical standards, ostensibly to ensure innovation, competition, and fair prices.
The legislative proposal covers standard essential patents , meaning patents that protect technology relevant to common standards, like 5G telephony, Wi-Fi, and Bluetooth, as well as video and audio codecs, photo formats like JPEG, and so on. Organizations that have been granted exclusive control over essential technologies through a patent are generally obligated to offer licenses on fair, reasonable and non-discriminatory terms.to make patent protection consistent across EU member states.
The proposed SEP licensing framework aims to provide more clarity about who owns SEPs and which are actually essential, and about FRAND royalties and other terms and conditions. It also aims to make SEP dispute resolution easier and less costly.The App Association,
Source: News Formal (newsformal.com)
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