Standard-Essential Patent (SEP) | Practical Law

Standard-Essential Patent (SEP) | Practical Law

Standard-Essential Patent (SEP)

Standard-Essential Patent (SEP)

Practical Law Glossary Item 5-557-1860 (Approx. 3 pages)

Glossary

Standard-Essential Patent (SEP)

A patent claiming technology that is essential to an industry standard's use. A standard-setting organization may require standard participants to:
  • Disclose any SEPs during the standard's development.
  • License any SEPs on fair, reasonable, and non-discriminatory (FRAND) or reasonable and non-discriminatory (RAND) terms, also known as a F/RAND licensing commitment.