Untangling FRAND: what price intellectual property?
Communications

Untangling FRAND: what price intellectual property?

The inaugural meeting of the Oxera Economics Council was held on January 15th 2008. The topic for discussion was the concept of FRAND (fair, reasonable and non-discriminatory), which is often used by standards-setting organisations and in the licensing of intellectual property rights. What insight can economics provide into this tricky legal and commercial problem?

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