According to Maharaj, while most companies are seeking to engage in good faith negotiations for patents, essential to a technology standard or otherwise, there will always be those who are unwilling to do so professionally and “continue to hold out and engage in inefficient and expensive practices in order to avoid paying royalties”.
Maharaj said: “In those instances, Ericsson, as we have demonstrated, will not be shy about pursuing alternative paths to a resolution and those who do hold out should fully expect to pay a higher fee than those who are truly willing licensees and reach timely settlements.”
Ericsson hired Roy Maharaj as vice president of global patent licensing, following his departure from Intellectual Ventures, earlier in the summer.
Maharaj was vice president of licensing at Intellectual Ventures for nearly seven years. He has more than 20 years of experience within licensing organisations across a diverse range of technologies and industries.
The full interview with Roy Maharaj will be available to read in the next issue of IPPro Patents, published on 9 August.