By definition, a patent pool is a consortium of two or more companies agreeing to cross-license patents relating to a particular technology. More simply stated - patent rights are aggregated amongst the pool of patent holders. Good!. Next question that comes to mind is - Is it fruitful or does it hurt to be part of patent pool? Obviously, several connotations are there to address this. But a key question to be asked is it blocking competition?
Why our IP Specialists?
Provide insights into patent pooling when and how to leverage
Evaluate if patent pooling is appropriate for your scenario?
Assess Essential and Non-essential patents
Evaluate standardization and patent pools