Patent pool

In intellectual property (IP) law, a patent pool is a consortium of at least two companies agreeing to cross-license patents and other IP rights relating to a particular technology. The creation of a patent pool can save patentees and licensees time and money. Competition law issues are usually important when a large consortium is formed. Patent pooling has recently become a hotly debated field.

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For instance, in August 2005, a patent pool was formed by about 20 companies active in the Radio Frequency Identification (RFID) domain http://www.rfidjournal.com/article/articleview/1798/1/1/http://www.linuxdevices.com/news/NS8390642236.html.

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One of the first patent pools was formed in 1856, by manufacturers Grover, Baker, Singer, Wheeler, and Wilson, all accusing the others of patent infringement. They met in Albany, New York to pursue their suits. Orlando B. Potter, a lawyer and president of the Grover and Baker Company, proposed that, rather than sue their profits out of existence, they pool their patents (See also: Isaac Singer/I. M. Singer & Co).

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Consortium: Consortium is a word that comes from the Latin consortium meaning association or society, from the word consors meaning owner of means or comrade....

Companies: REDIRECT Company...

Cross-license: REDIRECT Cross-licensing...

Patent pool related Images and Photos (experimental)

Pool	Pool	Pool Safety	The Pool
The Pool	Porsche Patent	Dream Pool	Koi Pool II
Secret Pool	Sutton Pool	Sacred Pool II	Two Pool Balls