Ever wonder how companies that compete fiercely in the marketplace somehow manage to share patents without constantly suing each other? That's where patent pools come in. They're one of the most misunderstood, quietly powerful tools in tech, standards, and licensing, and they shape everything from streaming video to smartphones to Wi-Fi without most people ever noticing. Patent pools can lower litigation risk, speed up adoption of new technologies, and at the same time create serious leverage for the companies that control them. If you're an inventor or startup operating anywhere near a technical standard, understanding how patent pools work can mean the difference between smooth market entry and an unexpected licensing nightmare.

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