Realtors ® are targeted
by patent trolls at...
Realtors ® are targeted
by patent trolls at alarming rates for simply using common business technologies like dropdown menus and search functions on websites or scan - to - email technologies found in every office scanner.
Not exact matches
A researcher
at MIT found, for example, that medical imaging businesses sued
by a
patent troll reduced revenues and innovations relative to comparable companies that were not sued.
According to an article
by Jeff Roberts for paidContent.org, Acacia Research Group, which some sources have called a «
patent troll» (the term for a group or person who buys up
patents with the intention of wielding them against others in court), assigned the
patent for the sponsored activity screensaver to Network Presentation Solutions
at the end of last year.
In 2010, a
patent troll called IA Labs filed suit with Nintendo claiming that the Wii Fit Balance Board was in violation of
at least two
patents held
by the company.
Up until February, no one knew that Rick Frenkel, an in - house lawyer
at Cisco
by day, was also the anonymous blogger behind the controversial
Patent Troll Tracker site, where he regularly outed companies (and their lawyers) that he considered to be patent trolls — a pejorative term for one who enforces his or her patents against alleged infringers in a manner considered unduly aggressive or opportun
Patent Troll Tracker site, where he regularly outed companies (and their lawyers) that he considered to be
patent trolls — a pejorative term for one who enforces his or her patents against alleged infringers in a manner considered unduly aggressive or opportun
patent trolls — a pejorative term for one who enforces his or her
patents against alleged infringers in a manner considered unduly aggressive or opportunistic.
Justice Breyer suggested that, although a Phillips - based standard might be appropriate if Congress intended to create a «little court proceeding,» the BRI standard might be appropriate if Congress intended IPR proceedings as a mechanism to allow the public to force a second look
at many
patents controlled
by patent trolls that never should have been allowed.
Now, lawmakers are
at it again, vowing to cut down the
patent trolls who have made a mockery of a system that is supposed to promote innovation
by instead turning it into a tool for economic extortion.
To date, we have borne the economic costs and burdens of a
patent system increasingly held hostage
by trolls that do not seek to build up the American economy, but rather tear it down, one demand letter and exorbitant licensing fee
at a time.
Obama's words came after the House had passed a bill aimed
at slaying
patent trolls — companies that buy up
patents and then leach cash from inventors
by threatening infringement lawsuits.
This cost - benefit will be further impacted
by the fact that the validity of a
troll's
patent is
at risk in every case that is fully litigated.
Thus, if there were a scheme
by which smaller companies could thwart these initial advances
by patent trolls,
trolls may be less effective overall
at extracting licensing fees.
Unfortunately, avid technology users are unknowingly putting themselves
at risk for litigation brought on
by so - called
patent trolls who buy questionable and overly vague
patents, often
by the hundreds or thousands, and use them to demand that operating companies pay a licensing fee or face litigation.
Many of the changes in the bill are aimed
at making it more difficult for
patent trolls to sue or extort companies, according to a summary released
by the co-sponsors.