New Support For An Emerging Method For Standard-Setting Organizations
November 9, 2006, 12:00 AM EST
Law360, New York (November 9, 2006, 12:00 AM EST) -- On October 30, the Antitrust Division of the Department of Justice stated that it does not have antitrust concerns regarding a proposal by the VMEbus International Trade Association (VITA) to implement a significant new patent policy requiring upfront disclosure of patents and patent licensing terms in connection with VMEbus standard-setting activities.
The DOJ announcement provides important new antitrust support for an emerging method for standard-setting organizations (SSOs) and their participants to deal with the growing problems of submarine patents, patent lock-in, and prohibitively expensive royalty terms...
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