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Bundling of RAND-Committed Patents
2016
Social Science Research Network
Gilbert and Katz (2006) (GK) show that allowing (pure) patent bundling increases the incentives for patent owners to enter into "long-term" patent licensing that commits them not to expropriate licensees' sunk costs in complementary assets with opportunistic licensing terms. We interpret RAND commitments as a form of long-term contracting, and extend their framework to analyze the tying of non-RANDcommitted patents to RAND-committed patents. Pure patent bundling/tying is common and often has
doi:10.2139/ssrn.2698904
fatcat:ndlh3gwn6zb57b3oieiowootha