Linked by Thom Holwerda on Thu 3rd Jan 2013 20:04 UTC
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Member since:
2005-06-29
You couldn't be more wrong.
This FTC settlement essentially brings an end to certain types of industry standards. The FTC has just told the industry: "don't bother with FRAND patents, because when a company just implements your patents without paying, you can't take them to court". This is a free pass to disregard FRAND patents entirely, making them, essentially, meaningless.
In other words, you won't be getting a return on your investment in complicated wireless standards. Mobile telephony was invented and implemented by many companies - chiefly Motorola and Nokia - and they paid god knows how much to get this done. The FTC has just swooped in, and made all their investments worthless, because they (the companies) no longer have any means to enforce their patents when the negotiation phase breaks down - as it has with, say, Apple and Samsung.
Now tell me - who is going to hand over their patents to a standards body under a FRAND scheme when that means everybody can just take their patents at will?
Exactly: nobody.