Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

cross-licensing

Read a random definition: praescriptio fori

A quick definition of cross-licensing:

Cross-licensing is when two people who own patents agree to share them with each other so they can both use the technology without getting sued. This helps inventors make money from their ideas and encourages them to keep inventing new things. Sometimes, people argue that cross-licensing is not fair, but usually, it is a good thing for everyone.

A more thorough explanation:

Cross-Licensing is an agreement between two or more patent holders to share their patents with each other. This agreement is made to avoid any legal disputes that may arise due to conflicting patents. It helps inventors to commercialize their innovations and undertake new research.

For example, if Company A has a patent for a technology that Company B needs to use in their product, and Company B has a patent that Company A needs to use in their product, they can enter into a cross-licensing agreement. This way, both companies can use each other's patented technology without any legal disputes.

Cross-license agreements have been frequently litigated in antitrust law. The court will analyze the cases that involve cross-license agreements under the Rule of Reason, in which both the anti-competitive and the pro-competitive effect of the agreement will be considered. Generally, such agreements are pro-competitive.

For instance, in the case of Feinsod v. Stiefel Labs., Inc., the court found that the cross-license agreement between the two companies was pro-competitive and did not violate antitrust laws.

In summary, cross-licensing is an agreement between patent holders to share their patents with each other to avoid legal disputes. It helps inventors to commercialize their innovations and undertake new research.

cross-examination | cruel and unusual punishment

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
17:50
@bigfatsloth: there she is ;)
Mostlylegal
18:04
Another day another no A
Yeah i got shit on last week so weird to go crickets this week
@ParallelAgreeableOrangutan: also ty I just sent a LOCI in email form. hope they don't hate it lmfao
18:05
Penn Dick gave me the R
what kind of a name is penn Carey law anyway
18:06
Penn gon Carry u to meat market that is the legal career field
18:06
Buy 1 get 1, Penn Carey Grads, get em while they are hot!
18:14
Notre Dame is crushing my soul
18:14
So excited every Friday
NosyBeagle
18:20
i talked to such a nice rep for penn dick like years ago and i put them on my list
NosyBeagle
18:20
God bless that lady
Mostlylegal
18:34
Legit makes no sense that nd has accepted literally nobody still
18:35
manybe ND is taking a sabbatical?
got a gw wl->A!!!
NosyBeagle
18:46
yay! congrats
nice kiwi!!!!!
is that your first a?! :D
yes it is!! thanks guys
ugh so stoked for you
Did they give you scholly information???\
yeah they gave me 150k!
(not gendered) girl CONGRATS
you gonna go? :D
yeah I think so!! my goal was either nyc or dc so im super happy w it
so stoked for you. congrats. i imagine your previous decisions had been a little crushing. very happy your app got the recognition it deserved
18:55
@RoyalReadyKiwi: lessgo stay winning :D awesome work!!!
thank you so much guys!!! means a lot :D
CONGRATS ROYAL YASSSS
i feel like i live in my bubble because i'm seeing people talk about other people abusing time accommodations for the lsat and my first reaction was "they are?"
LSD+ is ad-free, with DMs, discounts, case briefs & more.