#frand

#frand

A critical component of this system is the licensing of standard-essential patents (SEPs) under fair, reasonable and non-discriminatory (FRAND) terms. 5G technology alone is projected to contribute approximately $13 trillion to the global economy. Realizing this value and ensuring continued investment into future standards requires an environment in which innovators can expect to recover their R&D expenditures and earn a risk-adjusted return.