pedr
Explorer
Well, agreed damages are agreed within a framework of the damages which are available and likely should a judge have to quantify them. A statutory framework which includes elements of exemplary and punitive damages will lead to higher agreed/settled damages than where the framework is merely compensatory - because the claimant can assert that the defendant should settle for $x because the court would be entitled to award 3 times that, and would be likely to award 1.5 times that, so $x is a 'good' result for the defendant. The size of 'x' there will depend on the range of awards which are valid for the infringement.