Skip to main content
Date
Rule
801.2
Staff
Michael Verne
Response/Comments
Agree.

Question

From:(redacted)

Sent:Wednesday, September 26, 2007 11:50 AM

To:Verne, B. Michael

Subject:HSR Question

Mike-

Aclient is proposing to take enter into an agreement that is characterized as anexclusive patent license. The license conveys the full panoply of exclusiverights (make, use, sell), but it is not exclusive within what one wouldnormally call a "field of use." Rather, the client's exclusive rightswill be to make for and sell to certain types of customers, while the licensorwill retain the right to make for and sell to other types of customers.

Notwithstandingthe characterization as an exclusive license and the provision that my clientwill have an exclusive right to make product for certain types of customers,this seems to me to be for HSR purposes an exclusive distribution agreementthat would not be reportable, rather than an exclusive license that couldtrigger an HSR filing obligation (assuming that other thresholds were met).

About Informal Interpretations

Informal interpretations provide guidance from previous staff interpretations on the applicability of the HSR rules to specific fact situations. You should not rely on them as a substitute for reading the Act and the Rules themselves. These materials do not, and are not intended to, constitute legal advice.

Learn more about Informal Interpretations.