an agreement in which several firms holding patents agree to pool them, so that the patents are licensed jointly as a group
an arrangement among multiple patent holders to aggregate their patents
a system that can promote competition through the exchange of technologies among patentees by enabling them to license their patents with one another, and it is also one of the effective means of making essential patents available to the general public
an agreement between two or more patent owners to license one or more of their patents to one another or third parties.
A cooperative arrangement allowing the holders of several patents - all of which are necessary for the development of a product or process - to license or assign their rights at a single price.
In intellectual property (IP) law, a patent pool is a consortium of at least two companies agreeing to cross-license patents and other IP rights relating to a particular technology. The creation of a patent pool can save patentees and licensees time and money. Competition law issues are usually important when a large consortium is formed.
