4 Things To Know About Google, Ford Patent Marketplace

Law360, New York (May 23, 2016, 7:34 PM EDT) -- Major companies like Google, Ford and Verizon have teamed up on a new patent marketplace that provides a more streamlined way to sell patents and a way to potentially keep them out of the hands of nonpracticing entities. Here’s how the system will work and what patent owners should think about before offering their assets for sale.

How It Works

The Industry Patent Purchase Program, called IP3, was announced last week by Allied Security Trust, an association of companies that buys patents on behalf of its...
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