Patent Users Subscribers FAQs
A: Subscribers can immediately claim immunity from patent litigation by saying they made a commitment to the best-effort vehicle for patent licensing.
Subscribers also are granted amnesty from past infringement.
A: PatentBooks amnesty is comprehensive in the first year of transactions.
Amnesty is reduced to the past three years in year two.
Amnesty is not available to subscribers in years three and beyond.
A: Yes. Licensing all the patents in a PatentBook is simply the best value for patent licensing anywhere.
The PatentBook price is far less than the total of all the time, cost, and business distraction required to license all the patents that exist in that product or service category via bilateral licensing.
Of course, the patent user remains free to pursue bilateral patent licenses rather than Subscribe to the PatentBook. Bilateral licensing still exposes the patent user to attack from other patent owners for infringement of all their other patents.
PatentBooks informs all Publishers of the Subscribers it has approached, so that Publishers may easily identify and target non-Subscribers.
By licensing all the patents in the PatentBook for one low price, Subscribers may innovate more freely, incorporating other patents that they are not currently using to help improve and/or distinguish their products from competitive products.
A: All relevant patents are invited to join, so by Subscribing to a PatentBook, the Subscriber has made a conscious best-efforts attempt to pay for a license to use all the patents that may be used in his product or service. This is a very defensible position.
A: Subscribers may not know the origin, ownership, or even what patents might be used in their products or services. The more patents licensed via the PatentBook, the fewer lawsuits are possible. Moreover, currently unused patents offer Subscribers many options to innovate and distinguish their products and services from their competitors by adding new functions or technology now already licensed.
A: Subscribers pay annually in advance of their PatentBook patent usage.
A: Early Subscribers gain the advantage of growing their market share by proclaiming to their potential customers that their supply chain and service deliveries will not be interrupted by patent litigation, unlike their non-subscribing competition, which is still liable for patent litigation. Subscribers can also build their respective brands by illustrating to their customers that they are doing the “right thing” by licensing patents via the PatentBook.
Note that Publishers all receive quarterly lists of Subscribers who have been approached by the PatentBooks team and have not yet subscribed. This list affords Publishers easy targets for conventional assertive licensing and/or litigation, with sound data.
A: Yes. When a prospective Subscriber is faced with a patent assertion by a Publisher, the prospective Subscriber could subscribe to the PatentBook and be licensed to all the other published patents.