Inside FTC's Google Standard-Essential Patents Deal

Law360, New York (July 30, 2013, 12:39 PM EDT) -- Pursuant to a consent agreement announced by the Federal Trade Commission in January 2013, the FTC issued its final order on July 24, 2013, requiring Google Inc. to forego further claims for injunctive or exclusionary relief when fair, reasonable And nondiscriminatory terms for licensing standard-essential patents cannot be agreed upon. In settling the FTC complaint, which was based on Google's request for injunctions in district court proceedings and exclusion orders from the U.S. International Trade Commission, Google agreed that it will accept binding arbitration as the means of last resort for determining FRAND royalties....

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