Sentences with phrase «assertion entities»

Patent assertion entities — or patent trolls — continue to target the real estate industry with frivolous lawsuits.
Patent Assertion Entities, otherwise known as patent trolls, take advantage of broad interpretations of current law that allow them to file their lawsuits where local rules and practices, along with physical distance, make it very expensive for companies to defend themselves.
Reclaim Invention asks universities to focus on by bringing their inventions to the public, rather than selling or licensing them to patent assertion entities whose sole business model is threatening other innovators with patent lawsuits.
In our comments, we urge the FTC to produce a detailed report about patent trolls (or, as the FTC more delicately calls them, «patent assertion entities») and the cost they impose on the economy.
Patent trolls, otherwise known as non-practicing entities («NPEs») or patent - assertion entities («PAEs»), are often vilified in legal scholarship and, lately, in the mainstream media as well.
There are dozens of universities, both public and private, with standing agreements to sell patents to patent assertion entities.
Musk's observation is corroborated by a study released today by MIT's Catherine Tucker on «The Effect of Patent Litigation and Patent Assertion Entities on Entrepreneurial Activity» [PDF].
Officially known as Patent Assertion Entities, or PAEs, these companies purchase patents and bring patent infringement claims as a business model.
More recently, President Obama has also taken up the issue, calling out «patent trolls» rather than using the polite name — Patent Assertion Entities, — used by Ramirez.
The question of how to limit the activities of patent trolls (aka patent assertion entities (PAEs) or non-practicing entities (NPEs)-RRB- has been a hot topic over the past several years.
The general idea is to promote licensing arrangements that support the development of patent portfolios for defensive purposes while reducing the likelihood of patents falling into the hands of patent assertion entities (aka patent trolls, the companies that don't make products but instead buy patents to launch lawsuits).
The trolls, also known as «patent assertion entities,» neither make nor sell anything, but threaten to sue unsuspecting businesses with vague and dubious patent claims.
What: US Senate Committee on Commerce, Science, and Transportation Subcommittee on Consumer Protection, Product Safety, and Insurance hearing: «Demand Letters and Consumer Protection: Examining Deceptive Practices by Patent Assertion Entities»
In the past, President Obama and his Administration have voiced support for reforms that would address ongoing abuses of the patent system by patent assertion entities, otherwise known as patent trolls, which currently cost America's economy roughly $ 29 billion each year.
[School name] pledges not to knowingly license or sell the rights of inventions, research, or innovation made possible by this institution to patent assertion entities, or patent trolls.
Specifically, we've urged universities to sign a Public Interest Patent Pledge not to sell or exclusively license patents to patent assertion entities, also known as patent trolls.
Despite general agreement on these points, universities sometimes sell to patent assertion entities like mega-troll Intellectual Ventures or dietary supplement troll ThermoLife.
Patent assertion entities, or patent trolls, undermine that purpose.
The undersigned organizations strongly encourage Congressional efforts to address abuses of the legal system by certain patent assertion entities, commonly referred to as patent trolls.
The Federal Trade Commission on Friday called for public comments on a proposed investigation into approximately 25 «patent assertion entities,» — more commonly known as patent trolls — and how they affect innovation and competition.
For too long, patent assertion entities (PAEs), commonly referred to as «patent trolls,» have taken advantage of our litigation system to seek quick profits from bad patents.
«Instead of creating new jobs and investing in new technologies, businesses large and small across many industries... continue to be forced to divert scarce resources to fighting frivolous lawsuits and overly broad claims made by Patent Assertion Entities, or «patent trolls».»
Other Entity = Universities / Non-Profits / Government / Non-Governmental Organizations (NGOs) NPE (Patent Assertion Entities) = Entity whose primary activity is licensing patents and acquired most of its patents from another entity NPE (Small Company) = Entity whose original activity was providing products and services, but now is primarily focused on monetizing its own patent portfolio.
President Obama's patent reform recommendations highlight a growing consensus for action against patent assertion entities, or patent trolls, which have expanded their burdensome activities against America's most innovative industries.
«Despite the passage of the America Invents Act (AIA), many of America's most innovative companies are still plagued by patent assertion entities (PAEs), commonly referred to as «patent trolls.»
«Instead of creating new jobs and investing in new technologies, businesses large and small across many industries — from national realty, construction, and technology businesses to Main Street retail shops, hotels, grocers, convenience stores, and restaurants — continue to be forced to divert scarce resources to fighting frivolous lawsuits and overly broad claims made by Patent Assertion Entities, or «patent trolls».»
CPF believes that Chairman Goodlatte's draft legislation, if enacted, would help address the abuse of our current patent system by patent assertion entities, commonly referred to as patent trolls.
While the name «Motivational Health Messaging» may sound new, the actors behind it aren't: the people associated with MHM and its patent overlap with the people associated with notorious patent assertion entities Shipping & Transit, Electronic Communication Technologies, ArrivalStar, and Eclipse IP, who we've written about on numerous occasions.
In recent years, patent trolls — they prefer «patent assertion entities,» or P.A.E.'s — have gone from low - profile corporate migraine to mainstream scourge.
On Monday, executives from high - profile tech companies, including [company] Apple [/ company] and [company] Microsoft [/ company], put their names to a public letter that sought to safeguard an upcoming IEEE decision from «smoke and mirrors» tactics by patent assertion entities (commonly known as patent trolls).
Some interesting scenarios discussed in the Guidelines include standard essential patents, patent pooling and patent assertion entities.
Cook Medical likewise holds up laches as one of the last defenses against patent assertion entities that delay filing suit as a weapon to make enormous settlement demands or demand higher licensing fees.
Defended patent infringement actions brought by patent assertion entities (commonly known as patent trolls).
AGs Support Federal Information - Gathering Project on «Patent Trolls» NAAG sent comments signed by 43 state and territorial attorneys general to the Federal Trade Commission in support of a proposed federal project to collect data and information about Patent Assertion Entities (PAEs), also known as patent trolls.
Known as «patent trolls» — or more politely, as «non-practicing entities,» patent assertion entities,» and «patent monetizers» — these perpetual plaintiffs buy up broad, vague patents and then claim their wide - ranging applications.
Because demand letters and pre-litigation negotiations rarely are made public, it is difficult to know how many patent assertion entities are active in Canada.
Another growing field in our work was helping SMEs in countering infringement assertions of non-practicing entities or patent assertion entities — pejoratively considered as «patent trolls» — based on outdated SEPs that have been cheaply purchased from telecommunication firms.
The Court conceded that its decision would increase the risk of liability for indirect infringement claims amid public concern about perceived abuses of the patent system, including infringement actions by patent - assertion entities and deceptive patent demand letters.
Recently, there has been a renewed discussion about Patent Assertion Entities, also known as non-practicing entitles (NPEs), or colloquially, patent trolls.
The U.S. president made a number of recommendations to congress for legislative changes and announced executive actions to address these Patent Assertion Entities.
Nevertheless, innovators continue to face challenges from Patent Assertion Entities (PAEs), companies that, in the President's words «don't actually produce anything themselves,» and instead develop a business model «to essentially leverage and hijack somebody else's idea and see if they can extort some money out of them.»
In the past, trolls, also known as «patent assertion entities» (PAEs), were mostly viewed as a problem for the software industry.
Edith Ramirez, chairwoman of the Federal Trade Commission, intends to launch a comprehensive inquiry into patent - assertion entities.
Ramirez acknowledged that there are «plausible upsides» to patent - assertion entities, at least in principle.
Edith Ramirez, chairwoman of the FTC, today recommended a comprehensive investigation of patent - assertion entities, companies often called «patent trolls» due to their aggressive and legally questionable tactics.
LOT Network is the fastest - growing, cost - efficient preventative cure for the patent assertion entity (PAE) problem.
It's easier to get an injunction from the ITC than from a district court, particularly if you are a patent assertion entity («PAE» or patent «troll») that uses primarily patents for licensing, rather than to support the commercialization or transfer of technology.
Lex Machina developed this classification as an alternative to «non practicing entity» (NPE) or «patent assertion entity» (PAE) analysis, terms whose exact meaning is often ambiguous.
Primary elements of the bill would create a presumption of awarding attorney fees to the prevailing party and ensuring that those financing litigation can be held liable if the assertion entity is undercapitalized; requiring higher pleading standards for patent cases; and limiting discovery until after claim construction.
In her speech today, Chairwoman Ramirez displayed a deep understanding of both the causes and the costs of patent troll litigation (although the FTC prefers the term «patent assertion entity»).
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