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USITC parachutes into Ericsson, Samsung patent cross-fire

Negotiation touted as best option in LG-SK dispute

By Kim Yoo-chul In the world of business, a negotiation is a process between interested parties aiming to find common ground and eventually reach a consensus to possibly settle a matter of mutual concern, resolve a conflict and exchange value. In addition, an effective negotiation is a way by which affected parties narrow their core differences. It is fair to say that when it comes to any disagreement, these affected parties naturally tend to seek the best possible outcome based on their unique position. This general principle is being put into practice right now in a blockbuster intellectual property dispute between two Korean business conglomerates.

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