Re: Bollocks !
It's not this simple. If the patent holder doesn't want to offer a license, they can offer a license at unacceptable rates, and then negotiate without intention to grant a license. Following your suggestion, the licensees (apple + MS in this case) would go to court... and wait a few years, releasing no products in the meantime. In theory you're right, but in practice the courts just don't work well enough for it to happen.
Because it's a FRAND patent, the patent holder will have to grant a license, and the licensees will have to pay a fair rate. But if they can't agree to that, the courts have to settle it - in this case, years after products ship.
MS and Apple have both asked the courts to force a license agreement, and they've both sued motorola for not keeping their FRAND promises so far as I know (there are a few court cases on this coming up soon). Once the courts have decided an appropriate fee (and any appeals have happened), google will be paid in full.
On the other side, what google could have done is the same as what apple + MS have done: ask the courts to set a fair price. Why didn't they do that? Because they want to use these patents as leverage, so they can force MS + apple into a cross-licensing agreement and get access to MS + Apple's patented tech. They don't have strong enough patents to fight this battle without SEPs unfortunately, because apple + MS have simply been around a lot longer building up a war chest.