The U.S. Government and Accountability Office has published a short and helpful paper on the basics concerning Generative AI. The paper describes the operation of Generative AI in relatively simple language. Additionally, the paper raises, at a high level, some of the pressing concerns related to Generative AI, such as bias, intentional and unintentional misinformation creation, copyrighted material used by Generative AI and privacy concerns. Notably, the paper briefly addresses national security concerns with cybersecurity, including the use of AI to "rewrite code" to make identification of sources of attacks difficult and utilization of AI to improve cyberattacks by adversaries with low technical skills—"Generative AI: The Democratization of Cyberattacks.”
"Where money issues meet IP rights". This weblog looks at financial issues for intellectual property rights: securitisation and collateral, IP valuation for acquisition and balance sheet purposes, tax and R&D breaks, film and product finance, calculating quantum of damages--anything that happens where IP meets money.
Friday, 30 June 2023
Wednesday, 14 June 2023
European Commission is recklessly replacing established and effective FRAND valuation and licensing practices with dubious top-down rate setting
I have already made various public comments on a draft Proposal for Regulation of the European Parliament and of the Council establishing a framework for transparent licensing of standard essential patents, including the associated draft Impact Assessment report that were leaked ahead of their public launch on 27 April 2023. These comments were first published in IAM (paywalled) and then republished in IP Finance.
Among numerous legal and other issues in these proposals, I am focusing my feedback to the European Commission, in a new consultation running 27th April 2023 to 9th August 2023, on the anticipated methodologies for setting aggregate and individual SEP royalty charges by the new competence centre at an expanded EUIPO.
My analysis is summarised below and my full submission including detailed analysis and support can be downloaded here.
The proposed
regulation largely ignores and seemingly abandons comparable
license valuation of patent portfolios—that predominates in licensing
negotiations and court decisions—and implicitly replaces this with the dubious top-down
approach[1]
that is antithetical to patent law and is repeatedly rejected by the courts
worldwide. Comparable licenses provide
fair, reasonable, non-discriminatory and effective royalty benchmarks in
bilateral and multilateral SEP valuation and license charging. The standing of
these—typically global—benchmarks is underpinned by billions of dollars of licensing
income over decades in numerous licenses including many licensors and licensees.
If a prospective
licensor can demonstrate that it has infringed and valid patents it is entitled
to a license. If these are standard-essential patents it is obliged to offer
and is entitled to receive FRAND royalties. Where charges and other terms have
been established in existing licenses, some of these can often be comparable
benchmarks for licensing other implementers.
The proposed
legislation makes only one passing mention of comparable licenses when
describing difficulties including transparency and complexity in making FRAND
determinations. The impact assessment only includes references to comparable
licenses to acknowledge that they are used and to indicate that some are dissatisfied
with the extent of disclosure of existing licensing terms and licenses. Neither
document finds that the established royalty charges in existing licenses are excessive
or inapplicable FRAND licensing benchmarks.
Elsewhere in licensing
negotiations and in litigation, comparable licenses are generally considered to
provide the very best benchmarks in determining royalty charges.
Regulated royalties
are unwarranted
Setting aggregate rates
and apportioning them among patent owners, centrally by the EUIPO—even on a
non-binding basis—will unnecessarily distort the free market processes in standards
development and FRAND patent licensing compensation that has been effective in
enabling the world’s fastest growing and largest ever technology ecosystem
serving more than five
billion people and 16 billion
connections with cellular worldwide. Parties
in licensing disputes will feel obliged in the proposed mandatory conciliation
process to give significant weight to the EUIPO’s determinations, as will the
courts. However; there is no basis whatsoever, let alone supporting evidence,
to infer there is market failure or harm to be fixed, or that established
benchmarks for royalty charges need to be replaced.
Despite the existence of
well-established licensing benchmarks, there is significant dispute about how else
to value SEP portfolios and determine royalty charges for these. According to
the impact assessment, “Although an impressive amount of scholarship has
analysed or interpreted the FRAND concept, this scholarship is characterized by
persistent differences of opinion on key aspects of the FRAND concept such as
royalty evaluation methods and obligations to license certain parts of the
relevant industry.”
[1] The Commission is explicit in its intention to determine aggregate royalties for some technology standards. As the impact assessment indicates from the results of its literature analysis: “An aggregate royalty for a standard is the royalty due for all SEPs on the standard. It is the starting point in a top-down determination of the royalty to be paid for a given portfolio.” The Commission’s desire that the essentiality of all patents in standard, or a representative random sample of them, are checked, rather than only small numbers of them per patent owner, stealthily implies that it wants patent counts to be used as measures of patent strength— as required in the top-down approach—even though this widely contested apportionment method is not explicitly identified or advocated in the proposed legislation. The proposed legislation requires that “The checks will be conducted based on methodology that ensures a fair and statistically valid selection capable of producing sufficiently accurate results about the percentage of truly essential patents among each SEP holder's registered SEPs.” The impact assessment also hopes that “if the register will be perceived by SEP holders as a means of indicating portfolio strength (and e.g. used in negotiations to determine the share of aggregate royalty applicable to them), they may increase the number of registered patents.”
Tuesday, 23 May 2023
U.S. Government Accountability Office Report on Unwanted University Tech Transfer Risk
The U.S. Government Accountability Office has released a report titled, “CHINA Efforts Underway to Address Technology Transfer Risk at U.S. Universities, but ICE Could Improve Related Data,” concerning recommendations to better track visiting scholars, students and researchers from outside the United States. The published report is incomplete because some of it has been deemed too sensitive to disclose. Notably, the published report points to a failure of law enforcement agencies, including Immigration, Customs and Enforcement (ICE), to track certain relevant data concerning the risk that unlawful technology transfer may occur involving federally funded university research. The report is available, here, and states, in part:
According to federal internal control standards, management
should use quality information that is, among other things, complete and
accurate to achieve the entity’s objectives, and process relevant data into
quality information within the entity’s information system. The U.S. government
has identified research in sensitive fields, facilities and locations of
expected work, and employment and employment history as potential risk factors
for the transfer of technology. Improving the completeness of employer
information in SEVIS could enhance ICE’s management of the OPT program and
provide the U.S. government with more information on who is employing foreign
students and, therefore, whether certain individuals may have access to
technology.
Since 2016, oversight bodies at the five U.S. grant-making
agencies in our review—NIH, NSF, NASA, DOD, and DOE—have investigated an
increased number of researchers for potential violations related to the
security of federally funded research at U.S. universities, according to agency
data. These include grant fraud and compliance violations related to failures
to disclose potential sources of foreign influence on researchers, such as
other support for individual research endeavors, significant financial
interests, or other conflicts of interest. These investigations have often
involved undisclosed affiliations with the PRC, such as receiving PRC research
funding. However, agency officials emphasized that decisions made to initiate
an investigation or during the course of an investigation are not based on
individual characteristics such as nationality or visa status, which is
information that none of the five agencies in our review consistently collect.
Agency data indicate that investigations have resulted in agency and university
actions to address research security risks related to foreign influence.
However, little information is available about civil and criminal cases related
to potential transfer of university research because DOJ does not
systematically track all cases specific to U.S. universities or federal grant
funding. Further, officials from grant-making and law enforcement agencies we
spoke with noted that it is challenging to assess the more general extent and
negative impact of technology transfers to foreign countries. Amid agency
efforts to address this type of national security threat, university faculty,
officials from university and Asian and Asian-American associations, and others
have highlighted the importance of balancing protection of federally funded
research against potential adverse effects of these efforts. . . .
As a result of investigations initiated from 2016 through
2021, grantmaking agencies—particularly NIH, which accounted for about 73
percent of the individuals under investigation in our review—addressed a number
of violations that could threaten the integrity of university research. As of
October 2021, 94 percent of NIH investigations into researchers of concern had
uncovered at least one compliance violation that NIH deemed serious, such as a
failure to disclose foreign conflicts of interest (e.g., foreign affiliations,
grant funding, or talent recruitment program participation), according to NIH
data. As a result, NIH reported that at least 76 percent of individuals under
investigation were no longer associated with grant-funded research or other
grant-related responsibilities, primarily through resignation or actions taken
by grant recipient institutions, including termination or exclusion from
grant-funded research. In addition, NIH officials noted that because many of
their investigations remained ongoing, they expected the number of actions
taken in response to violations to rise. . . .
In this context, U.S. agencies and others have identified
factors that indicate the types of foreign students or scholars who may pose a
greater risk of transferring technology from U.S. universities. ICE already
maintains information in its SEVIS database related to several of these
factors, including country of citizenship and level of education. However, ICE
has not completed a required assessment to understand whether it needs to
update SEVIS to better capture information related to students and scholars who
may pose a greater risk for technology transfer. Furthermore, data related to
other risk factors already required in SEVIS, such as employer information, are
incomplete. More complete data, and a better understanding of the information
needed to identify students who present the highest risk for the potential
transfer of university research, could strengthen U.S. government efforts to
identify and assess risks to U.S. research and development.
Monday, 22 May 2023
Free WIPO Symposium on Geographical Indications
WIPO is holding its worldwide hybrid symposium on Geographical Indications on June 14-16 in Tbilisi, Georgia. There are six interesting panel topics. Here is one:
TOPIC IV – Governance and Quality in Geographical Indications
Owing to their nature of collective brands that can be used by a community of
individual producers, the success of geographical indication products will
depend largely on effective governance and quality control structures. This
panel will review and discuss various approaches to this subject and the
challenges that exist on the way.
Moderator: Ms. Valérie Pieprzownik, Expert on Geographical
Indications, Food and Nutrition Division, United Nations Food and Agricultural
Organization (FAO), Rome
Speakers: Mr. Philippe Bardet, Director, Interprofession du
Gruyère, Pringy, Switzerland Ms. Nuria Ackermann, Chief Technical Advisor –
PAMPAT 2 Project Tunisia, United Nations Industrial Development Organization
(UNIDO), Vienna Mr. René Claude Elogo Metomo, President, Group of Producers of the
PGI Poivre de Penja, Penja, Cameroon Ms. Adrienne Thompson, Deputy Director,
Registrar, Jamaica Intellectual Property Office (JIPO), Kingston
Here is a link to the schedule. The program is available online, and the price is quite nice: Free.
Thursday, 4 May 2023
DG GROW seeks to replace established FRAND valuation and licensing practices with top-down rate setting
In case you missed it or were unable to access my paywalled article in IAM on 5th April 2023, here it is with my analysis of the draft Proposal for Regulation of the European Parliament and of the Council establishing a framework for transparent licensing of standard essential patents, including an associated Impact Assessment report (IA) that were leaked ahead of their anticipated public launch on 26 April.
DG GROW is proposing various ill-conceived interventions — processes that have not yet even been designed or properly budgeted, let alone tested. These will upset a standards development and patent licensing system that has been effective in enabling the world’s fastest growing and largest ever technology ecosystem serving more than five billion people and 16 billion connections with cellular worldwide.
![]() |
| Shutterstock |
I have feared but anticipated in my publications that the EC might try to build some kind of Ministry of Patent Counting with the purported aim of helping SEP implementers including SMEs in particular in Fair Reasonable and Non-Discriminatory (FRAND) licensing. DG GROW now proposes to do that in spades by building a large “competence centre” bureaucracy at the European Union Intellectual Property Office (EUIPO). No, this is not the non-EU European Patent Office (EPO) that 63% of respondents to a DG GROW survey last year stated they preferred conduct the checks. This EU organisation has no expertise in patents, let alone in SEPs. It was selected because “the body needs to be aligned with the EU’s overarching political values and current policy priorities (e.g. support for SMEs)”,“accountable to the EU Public and European Parliament”, and “subject of a review by the CJEU".
The new centre will become a white elephant, even if it can acquire the required competences and get away with making the industry, and ultimately consumers, pick up the tab.
A recipe for hold-out and short-changing SEP owners
DG GROW’s unconscionable mission, which will undermine SEP licensing and enforcement (eg in Germany), is without legal or evidential support. The status quo purportedly exposes European companies to more litigation than “foreign producers that might fly under the radar", however patent infringement and exposure to enforcement occurs in both the location of manufacture and of sales. Unlicensed products manufactured outside Europe are more susceptible to being excluded through customs seizures as well as injunctions in Europe than are unlicensed European manufacturers. The Impact Assessment presents much anecdotal rather than quantitative evidence that European implementers are systematically and significantly disadvantaged. Rather than racing to the bottom by crushing European royalties and enforcement to level-down with foreigners’ alleged infringing sales, all suppliers in and to Europe should be held to the same high standards of patent protection.
If the reforms proposed in the leaked draft are accepted, this will do more economic harm to licensors, including EU’s leading innovators Ericsson and Nokia — that are highly dependent on SEP income to fund R&D — than it will to speculatively benefit implementers including SMEs who are purportedly those most in need of these changes. DG GROW also complains of “insufficient transparency on SEP ownership and essentiality; lack of information about FRAND royalties; and a dispute settlement system not adapted for FRAND determination”.
And yet, for most European implementers, including SMEs in particular, there is only limited exposure to unexpected SEP licensing or litigation costs because virtually all phones are manufactured outside of the EU and most SEP patents are exhausted in, for example, IoT modules that are also overwhelmingly manufactured elsewhere. The significant exception is cars.
Avanci has very successfully created a solution that is licensing all European manufactures at the modest cost of up to $15 (before the increase to $20) for the vast majority of patents declared essential to 2G, 3G and 4G, while its upcoming 5G program is in the works.
A centre of insufficient competence for DG GROW
DG GROW is unsatisfied with ETSI’s IPR database of declared essential patents. Its declaration process exists only to ensure technology standards are not blocked by unavailable IPRs. Essentiality of declared patents is not checked, let alone updated to reflect whether declared patents end up staying or becoming essential through patent prosecution and to finalisation of standards. ETSI also refuses to participate in commercial matters, such as setting royalty rates — even in aggregate, let alone for individual licensors and licensees — because its members do not want to compromise ETSI’s technically-focused functions, because ETSI does not have that competence and because it would be a violation of competition law.
Consequently, DG GROW apparently wants to expand administrative scope by edict through the EUIPO with new competences including:
- Registration of SEPs and access to the electronic database established by the competence centre. It seems this will largely duplicate what the ETSI IPR database does for patents declared essential to cellular standards, while also providing updates on patent status.
- Essentiality checks, including peer evaluation. The proposed process is fraught with all kinds of issues that will lend to manipulation, favouritism, bias and also subject checks or patents to subsequent challenges. SEP owners have shunned a system like this in Japan.
- Aggregate royalty determinations. Despite many claiming expertise, there is no consensus on methodology, let alone on applicable figures. The Unwired Planet Decision assumed patent value proportionality only to imply — not set — aggregate figures in cross-checking comparable license valuations due to the uncertainties. Even defining aggregate is debateable: is this total a theoretical maximum that nobody would ever pay, a typical or average figure actually paid after caps and discounts, or something in between?
- FRAND determinations. DG GROW is incredibly abandoning the industry’s prevailing comparable licenses valuation method. Its proposed top-down approach is unsubstantiated and has floundered in the courts. The recent InterDigital v Lenovo Judgment in the UK “f[ound] no value in InterDigital’s Top-Down cross-check in any of its guises”, despite huge amounts of expert work. The entirety of the TCL v. Ericsson FRAND Decision including its shaky top-down valuation was unanimously vacated on appeal. The IA acknowledges “persistent differences of opinion on key aspects of the FRAND concept such as royalty evaluation methods”. The EUIPO’s experts will have to build trust in their top-down competence from the ground up.
DG GROW advocates exemptions from royalty payments for low sales volumes in FRAND licensing. This is appropriate and already common practice in many bilateral and pool licenses. However, while DG GROW calls this “royalty-free licensing”, its ambiguous use of this term, while also referencing examples of Bluetooth and USB standards, dangerously implies reciprocity that prevents counter-parties from generating any royalties. This undermines the business model neutrality in an open and competitive market DG GROW should be preserving.
Disregarding facts
It’s staggering that DG GROW disregards plain facts and maths. No wonder it’s being accused of being so one-sided. While it professes to cherish transparency and balance, and claims to conduct literature analysis, it has not cited any of my articles among the hundreds cited in its IA. This is despite mine being widely cited elsewhere for my seminal research on key SEP issues including aggregate royalties and inaccuracies in patent sampling and essentiality checking. On the latter, in 2021, I identified a mathematical howler in a 2016 report for the EC by CRA that is cited eight times in the IA. CRA hugely understates — by a factor of much more than 10 — the estimated sample size of only 30 it claims provides “quite a good precision”. Neither a rebuttal to my claim, nor erratum has ever been produced. Sample size and time spent per patent are the two biggest cost drivers in essentiality checking.
And, as highlighted by FOSS Patents, DG GROW is also wrong to assert that “false positive and false negative random errors tend to cancel each other out” because more of the former creates systemic bias.
Nevertheless, my findings that accurate samples of several thousand are required have got through. The IA anticipates the need to check 10,000 to 99,500 patents at a cost of €4,000 or €5,000 each for a total of €40-498 million, plus claim chart, office IT, administration and depreciation costs. Ouch!
This empire-building framework defies common sense and smacks of agency capture by Big Tech and Auto lobbyists seeking to minimise licensing charges. It disregards the proven efficacy of standard-essential technology development, established licensing FRAND practices, economic realities and the interests of innovators. Bureaucratised and centralised essentiality checking, patent counting and rate setting will be burdensome and costly. Internal processes and external challenges to what these deliver will only exacerbate existing patent hold-out and further delay licensing payments.
The technology standards ecosystem has evolved and flourished in a free market. European SEP licensing is overwhelmingly a European net export worth billions of Euros per year including major earners Ericsson and Nokia. Its reckless to jeopardise that and saddle the European industry with the additional costs of these proposals. These set a terrible example that will encourage jurisdictions seeking to benefit from erosion of SEP value. Rather than having most of EU’s estimated 1,500 experts in the field check others’ patents at an estimate cost of €500 per hour, it would be more fruitful for them to spend their time innovating and patenting themselves.
Wednesday, 3 May 2023
USPTO Advanced Notice of Proposed Rulemaking on IPRs and PGRs
The USPTO has released advanced notice of proposed rule making concerning regulations addressing changes to Inter Partes Review and Post Grant Review practice, including addressing multiple challenges, parallel district court litigation and the institution of proceedings. The USPTO is inviting comments concerning the proposed rule making. The USPTO document states, in part:
The changes under consideration provide that, in certain
circumstances in which specific elements are met (and applicable exceptions do
not apply), the Director, and by delegation the Board,[1] will exercise the Director's discretion
and will deny institution of an IPR or PGR. The USPTO is also considering
broadening the types of relationships between petitioners and other entities
the Office will consider when evaluating discretionary denial in order to
ensure that entities related to a party in an AIA proceeding are fully
evaluated with regard to conflicts, estoppel provisions, and other aspects of
the proceedings. The Office is also considering whether, in certain
circumstances, challenges presenting “compelling merits” will be allowed to
proceed at the Board even where the petition would otherwise be a candidate for
discretionary denial (as is the current practice under the Director's
Memorandum Regarding Interim Procedure for Discretionary Denials in AIA
Post-grant Proceedings with Parallel District Court Litigation of June 21, 2022
(discussed below)). In addition, the Office is considering whether to
promulgate discretionary denial rules to ensure that certain for-profit
entities do not use the IPR and PGR processes in ways that do not advance the
mission and vision of the Office to promote innovation or the intent behind the
AIA to improve patent quality and limit unnecessary and counterproductive
litigation costs.
Recognizing the important role the USPTO plays in encouraging
and protecting innovation by individual inventors, startups, and
under-resourced innovators who are working to bring their ideas to market, the
Office is considering limiting the impact of AIA post-grant proceedings on such
entities by denying institution when certain conditions are met. The Office is
seeking input on how it can protect those working to bring their ideas to
market either directly or indirectly, while not emboldening or supporting
economic business models that do not advance innovation. For example, the
Office seeks input on to whether to require identification of anyone having an
ownership interest in the patent owner or petitioner. The USPTO welcomes
thoughts on any additional disclosure requirements needed and how the Board
should consider that information when exercising Director discretion.
The Office is also considering additional measures to address
the concerns raised by repeated validity challenges to patent claims
(potentially resulting in conflicting outcomes and overburdening patent
owners). The USPTO is considering further modifying and clarifying
circumstances in which the Board will deny review of serial and parallel
petitions. As to parallel petitions, the Office is also considering changes to
provide that, as an alternative to filing multiple petitions, a petitioner may
pay additional fees for a higher word-count limit.
Furthermore, the Office is considering rules related to the
framework the Board will use to conduct an analysis under 35 U.S.C.
325(d), which provides that in “determining whether to institute [an AIA
post-grant proceeding], the Director may take into account whether, and reject
the petition or request because, the same or substantially the same prior art
or arguments previously were presented to the Office.”
In addition, the USPTO is considering a rule clarifying that
if institution of an IPR is not discretionarily denied in view of any other
criteria, the Board shall consider whether to deny institution if there is a
pending district court action involving claims challenged in the IPR. In the
case of a parallel district court action in which a trial adjudicating the
patentability of challenged claims has not already concluded at the time of an
IPR institution decision, the USPTO is proposing rules to install Apple
v. Fintiv and related guidance, with additional proposed reforms. See
Apple Inc. v. Fintiv, Inc., IPR2020–00019, Paper 11, 2020 WL 2126495
(PTAB Mar. 20, 2020) (designated precedential May 5, 2020); Director's
Memorandum Regarding Interim Procedure for Discretionary Denials in AIA
Post-grant Proceedings with Parallel District Court Litigation (June 21, 2022)
(Guidance Memorandum).[2] The USPTO
is considering separate rules for instances in which a trial adjudicating the
validity of challenged claims—in district court or during post-grant
proceedings—has already concluded at the time of an IPR institution decision.
Purdue Research Foundation receives US $100 Million in Pharma Deal
The Purdue (University) Research Foundation has received US $100 million in a royalty monetization deal. The Press Release from the Research Foundation states:
WEST LAFAYETTE, Ind. and NEW YORK, April 26, 2023 (GLOBE
NEWSWIRE) -- Purdue Research Foundation, a private not-for-profit institute to
advance the research of Purdue University, has received more than $100 million
from Owl Rock, a division of Blue Owl Capital, for a portion of its royalty
interest in Pluvicto (Lutetium 177Lu vipivotide tetraxetan). Purdue Research
Foundation secured rights to royalties from Pluvicto as a result of Purdue’s
license agreement with Endocyte Corp., which was acquired by Novartis in 2018.
This transaction helps Purdue Research Foundation advance its
mission of investing in Purdue University’s innovative technologies and
supports the university’s advancement.
Pluvicto is a radioligand therapy indicated to treat patients
with metastatic castration-resistant prostate cancer who have failed multiple
prior therapies. The therapy is also in development to treat prostate cancer in
earlier lines of therapy.
"We feel privileged that the agreement with Blue Owl
further strengthens Purdue's ability to support Purdue researchers and alumni
through enhanced commercialization programs and funding opportunities,” said
Brooke Beier, Senior Vice President of Purdue Innovates. “Purdue University researchers
discover and develop innovations improving the world, one of the key aspects of
a land-grant university. Pluvicto is one example of successful intellectual
property protection, licensing and, ultimately, commercialization that we hope
will unlock the potential for many more Purdue technologies to make an
impact."
Sandip Agarwala, Managing Director and Global Head of Life
Sciences, Blue Owl, said: “We are excited to partner with Purdue Research
Foundation to assist it in fulfilling its mission of advancing technologies
developed at Purdue University. Royalty transactions are a key component of
Blue Owl’s broad and flexible investment strategy in the life sciences, and we
see Pluvicto as a paradigm-shifting therapy for the treatment of patients with
metastatic castration-resistant prostate cancer with blockbuster potential. We
are encouraged to see the FDA expeditiously approving Novartis’ Milburn
facility to help get this much-needed therapy to more patients.”
SVB Securities acted as PRF’s exclusive financial advisor,
Foley Hoag LLP served as special counsel to PRF, and Ricardo Moran of Schwegman
Lundberg & Woessner, P.A., served as IP counsel to PRF for the royalty
monetization. Ice Miller LLP and Cooley LLP acted as legal advisors to Blue Owl.
Purdue University President Mung Chiang said the royalty
interest agreement with Blue Owl Capital strengthens the university’s global
reputation in several ways.
“First, the income will add funds for leading-edge research
and development of life-saving pharmaceuticals in units such as Department of
Chemistry and Purdue Institute for Cancer Research,” he said. “Second, the
agreement underscores the impact of the work of legendary Purdue innovator
Philip Low, Purdue University’s Presidential Scholar for Drug Discovery and the
Ralph C. Corley Distinguished Professor of Chemistry. The initial research into
the precision targeted therapy began in his laboratory. And this latest success
of Purdue invention demonstrates the promises of Purdue Innovates, the initiative
that Purdue and PRF launched this month to further support Boilermaker
inventors and entrepreneurs.”
Tuesday, 2 May 2023
Free Webinar: Rapid Reaction: The European Commission’s Proposed Standard Essential Patents Regulation
Free Webinar in
Preparation of
The 8th IP and
Competition Forum
5th of May 2023, 15:00BST = 16.00 CET
Rapid Reaction: The European Commission’s Proposed
Standard Essential Patents Regulation
The European Commission
(EC) announced its Proposed
Standard Essential Patents Regulation building on its 2020 IP Action plan, which
advocated for promoting transparency and predictability in SEP licensing. The European
Union Intellectual Property Office (EUIPO) is to administer a new SEPs regime.
The aims to address key aspects of the FRAND debate, such as essentiality
checks, FRAND royalty rate determination and offer alternative dispute
mechanism services. To what extent does this represent a radical change to the
European IP landscape? Join us for a discussion as to what has prompted this
proposal, an assessment of its detail and a consideration of what the
implications might be.
To find out more, join
us at the 8th IP and Competition
Forum on June 20 and 21 2023 in Brussels. Email us
at info@oxfirst.com to get
involved or check out the
website of the 8th IP and Competition Forum.
About
the Speakers
Dr. Roderick
McConnell
Patent
Counsel, Continental
Roderick is Patent
Counsel to Continental Automotive Technologies. With a technical background in
image processing and artificial intelligence, he has extensive experience in
patent licensing and is a member of Continental’s SEP team. Roderick has
written for IPWatchdog on FRAND rate determination and speaks at conferences.
Cyrile Amar
Founding
Partner, Frand Avenue
Cyrille AMAR is an attorney at law, member
of the Paris Bar. He is the founder of FrandAvenue,
an innovative marketplace for licensing professionals, offering a database of
about 600.000 standard essential patents and a unique set of tools for FRAND
negotiations. Cyrille AMAR has participated as lead or co-counsel to more than
20 litigations about standard essential patents, before courts and arbitral
tribunals.
Toby Sears
Partner, CMS
Toby is a Partner in
the CMS IP team in London. He specialises in advising on patent strategy,
monetisation and litigation in the tech sector, advising on large scale
international matters. Toby has represented clients in multiple SEP/FRAND
licensing disputes in the High Court through to the UK Supreme Court.
How
to Join
Friday, 21 April 2023
Join in! FRAND Royalty Rate Determination - Free Webinar 25th April 2023, 16:00BST
FRAND Royalty Rate Determination Free OxFirst Webinar April 25, 16.00 p.m. British Standard Time
How much to charge for
the use of standard essential patents is core to business and legal decisions
alike. Therefore, the question as to how determine FRAND royalty rates remains
a key element of the debate on standard essential patents, and we are privileged
to be joined in this webinar by two key speakers who approach it from differing
angles. Dan Lang and Jeffrey Blumenfeld will offer a “point-counterpoint”
discussion of some of the principles involved and some of the approaches taken
to royalty rate calculation, drawing on decades of experience in this space, so
to provide invaluable insights to those seeking to come to grips with the
crucial question of FRAND royalty rate determination.
About
the Speakers
Dan Lang
Vice
President of Intellectual Property, Cisco
Dan is Vice President
of Intellectual Property at Cisco, responsible for Cisco’s IP strategy
including portfolio development, licensing, standards, patent pools and
disputes. He has been working in intellectual property for over 25 years,
beginning his career as an engineer before later becoming an attorney. Dan
spent five years on the USPTO’s Patent Public Advisory Committee and prior to
joining Cisco in 2004 was in private practice.
Jeffrey
Blumenfeld
Founding
Partner, Competition Law Partners
External
Counsel to Access Advance
Jeff is a founding
partner of Competition Law Partners, based in Washington DC, and acts as
external counsel to Access Advance. He draws on over 35 years of government and
private practice experience and brings in-depth knowledge of competition
principles, technology, regulation and economics. Jeff is an accomplished
litigator and trial lawyer who has worked extensively on competition issues in
intellectual property. Jeff works with clients on standard setting, collective
IP activities, licensing SEPs and the competition issues common in FRAND
litigation.
How
to Join
Register
in advance for this webinar:
https://oxfirst.com/insights-&-news/frand-royalty-rate-determination/
Attention, please sign up with your professional email account. We don’t
accept registrations from personal email addresses. Participation is limited at
100 participants. We reserve the right to eliminate participants. By joining
the OxFirst webinar you agree to our Privacy Policy (found here) and to receive
forthcoming information on our webinars, newsletters and events. The views in
this talk are the speaker’s own and do not represent those of OxFirst, its employees
or consultants.
