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Definition of Patent pool
1. Noun. (context: legal) A consortium of at least two companies which agree to cross-license patents relating to a particular technology, often to avoid the problem of blocking patents. ¹
¹ Source: wiktionary.com
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1. Noun. (context: legal) A consortium of at least two companies which agree to cross-license patents relating to a particular technology, often to avoid the problem of blocking patents. ¹
¹ Source: wiktionary.com