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Cross Licensing Agreement Example

A few examples of IP cross-licensing are a few identifiable companies: “By cooperating with deals like this, companies can reduce the potential for litigation and focus instead on innovation,” Allen Lo, Google`s deputy general counsel for patents, said in a press release. Google and Samsung said the deal covers existing patents as well as some that will be filed in the next 10 years. Although a “wide range of technologies and activities” is covered, the agreement does not cover all of each company`s patents. The costs of licensing cross-functional IP are prohibitive for most start-ups. Antitrust authorities are not interested in portfolios of cross-agreements that contain provisions that may lead to anti-competitive cartels, such as.B.