SEP (Standard Essential Patent)

A Standard Essential Patent (SEP) is a patent that covers technology fundamental to a widely adopted industry standard, such as wireless communication or Wi-Fi. Because the patented technology is essential to implementing the standard, its owner must license it fairly and reasonably to others who want to build compatible products. This ensures that companies can develop interoperable devices without infringing on key patents. Essentially, SEPs are critical patents that enable different devices and systems to work together seamlessly, making them vital for innovation and compatibility in many technology markets.