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→Modern Terms
'''Hold-out - (HO);'''
Can occur in situations of DHCI where the holdout when a "hold-out" playerresists participating in a multilateral agreement across different parties. The nonparticipating hold-out player takes advantage of their position to extract higher rents from licensees because self-interest and social welfare are not aligned. *Reverse patent hold-up is sometimes called “hold-out” by legal practitioners. '''Look for:''' ''guile'' ''FRAND'' ''SEP'' ''Farrell'' ''patent hold-up'' ''reverse patent hold-up''
