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As to market significance, compulsory licenses can vary in degreeas to the competitive threat they pose to licensors. If a compulsory licensecovers a known product in a licensor’s target market, the licensor and thelicensee will have to share the same market. Under the above definition,the market significance of this license is high because the licensor’s marketis directly threatened. Conversely, if the license covers a market that isunimportant to the licensor, or it covers a product that has yet to be provenor for which the market is immature or untested, there is a good chancethat the licensee and licensor will not compete head to head. The significanceof this license may be relatively low.
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