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Thursday, July 10, 2014 9:15:44 AM
Patent Alliance
Google Inc. and Apple (AAPL) Inc., two of the most-sued companies, have been pushing Congress and the courts to curb the practices of some licensing firms. Google yesterday said it created a program with Canon Inc. that could curb some future infringement claims.
Participating companies pledge that if they sell some of their patents, all members of the group automatically get a royalty-free license to them. The goal of the alliance, known as the License on Transfer Network, is to limit sales by large technology companies to licensing firms.
For companies like Nokia and Huawei, it’s a matter of getting some compensation for the billions of dollars spent on research, while not having to deal with the costs of litigation or the fees needed to keep a patent in force.
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