VISX Message Board - Msg: 4086617

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Biotech / Medical : VISX

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To: Vector1 who wrote (499)	4/16/1998 1:47:00 PM
From: Jim Mac	Read Replies (2) of 1754

There's a lot of confusion concerning exactly what FTC is trying to do. Here's the deal: Visx and Summit contributed all their respective patents to PPP, which then licenses all these patents back to Visx and Summit, which in turn sublicense the PPP patents to their users. FTC is seeking to stop this SUBLICENSING OF PPP PATENTS, because PPP is a patent pooling thing which FTC thinks is a monopolistic practice. FTC is NOT seeking to stop Visx and Summit from separately licensing their respective patents to respective users. FTC only want to stop the PPP pooling deal. FTC wants Visx and Summit to license users SEPARATELY, and collect fees on respective lasers without subsequently putting money into the PPP pot for later splitting. Is that clear, everyone?

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