Google Confirms Motorola Licensees Pay 2.25% Per-Unit Royalties
ReadWriteWeb
Today, Google took steps to assure many of Motorola Mobility's (MMI) existing licensees that it would adhere to that company's existing reasonable and non-discriminatory (RAND) licensing practices for mobile technologies. This after Apple sent a letter ...
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Reasonable and non-discriminatory terms (RAND), also known as fair, reasonable, and non-discriminatory terms (FRAND), are a licensing obligation that is often required by standard-setting organizations for members that participate in the standard-setting process.[1] Standard-setting organizations are the industry groups that set common standards for a particular industry in order to ensure compatibility and interoperability of devices manufactured by different companies.
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