A patent owner can accept FRAND conditions and the patent becomes part of the standard. They then earn a steady stream of licensing money off the ensuing trillion dollar industry.
A patent owner can reject FRAND and their technology does not get included in the standard.
There is no third option.
You can't decide after the trillion dollar industry establishes, to renege on FRAND, because your patent was only made part of the standard -- and therefore only has value -- because of that commitment to FRAND.
A patent owner can reject FRAND and their technology does not get included in the standard.
There is no third option.
You can't decide after the trillion dollar industry establishes, to renege on FRAND, because your patent was only made part of the standard -- and therefore only has value -- because of that commitment to FRAND.