Enter to open, tab to navigate, enter to select
F/RAND Licensing Commitment
Practical Law Glossary Item 8-557-1849 (Approx. 3 pages)
Glossary
F/RAND Licensing Commitment
A patent owner's agreement to license its standard-essential patents on either:
- Fair, reasonable, and non-discriminatory (FRAND) terms.
- Reasonable and non-discriminatory (RAND) terms.
Many standard-setting organizations (SSOs) require participants in the standard's development to make a F/RAND licensing commitment. A patent owner's failure to comply with a F/RAND licensing commitment may provide a claim or defense to an accused infringer. Many SSO websites identify participants who have made F/RAND licensing commitments.
For more information on F/RAND licensing terms, see Practice Notes, Antitrust Risks in Standard-Setting Organizations: Box: Setting a F/RAND Rate and Standard-Essential Patent Licensing Management: F/RAND Licensing.