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“If you have a patent that is applicable to the standards, you benefit from a negotiation framework established by the highest court in Europe, that both parties, licensor and licensee, must follow, independently on their size and strength. This eliminates the muscle size effect. Also, if you have a patent essential to a standard, you valorise it immediately. Developing technologies in standards with an ecosystem is also a guarantee for venture capitals (VCs) that you are not living in a dream world,” said Michael Abitbol, Managing Director at radio technology innovator RED Technologies.