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Intellectual Property News
Department Of Justice Will Not Oppose Proposal On Patent Information Policy
The Department of Justice announced today that it will not oppose a proposal by the Institute of Electrical and Electronics Engineers Inc. (IEEE) to implement a policy on the disclosure and licensing of patents in IEEE's standards-setting process. The policy will allow patent holders to commit publicly to specific restrictions on their future licensing terms and conditions for the use of patents that are essential to IEEE standards. The Department said that the proposed policy may enable IEEE to make better informed decisions when formulating standards that will benefit consumers.
The Department's position was stated in a business review letter from Thomas O. Barnett, Assistant Attorney General for the Department's Antitrust Division, to counsel for IEEE and its standards association, IEEE-SA. IEEE is a non-profit association for technology professionals with diverse interests. IEEE-SA, IEEE's standards development organization (SDO), develops and issues standards used in industries such as information technology, power and energy, instrumentation and measurement, mobile and stationary batteries, nanotechnology, organic electronics, telecommunications, and transportation safety. Read more at usdoj.gov.
WIPO has it's own definition intellectual property.
The World Intellectual Property Organization defines intellectual property as creations of the mind: literary, inventions and artistic works, and names, images, symbols, and designs used in commerce.
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Definition:
This is the distribution of copies or phonorecords of a work to the public by sale or other transfer of ownership or by rental, lease, or lending.
License
Definition:
A contractual agreement from the copyright owner and another person, allowing them to exercise on or more rights is considered a license to use the work. Licenses are usually paid for in terms of royalty or fees.
Fair use
Definition:
A statutory exeption that allows the use of copyrighted work for cetain purposes without requiring permission
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