Image for Fair Licensing Practices

Fair Licensing Practices

Fair Licensing Practices refer to the ethical and transparent rules companies follow when allowing others to use their intellectual property, such as technology or trademarks. This includes providing reasonable terms, clear agreements, and non-discriminatory treatment to ensure all licensees have fair access. The goal is to promote innovation, competition, and collaboration without abusing market power or unfairly restricting access. Essentially, it’s about creating a balanced, predictable framework that benefits both the intellectual property holder and those seeking to use it.