Escaping the prisoner’s dilemma: towards a new transparency in patent licensing
For too long a widespread lack of transparency, flexibility and fairness has held back many sectors of the patent licensing industry. For the sake of all participants, this must change ‒ which means tackling the prisoner’s dilemma head on
On April 5 2017 the High Court of Justice of England and Wales issued a ruling believed by many to be the strongest judicial signal yet that the global patent licensing industry must finally free itself from the prisoner’s dilemma dynamics that have constrained it and led to a congenital lack of transparency, flexibility and fairness in many sectors.
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