Ramirez's remarks suggest the federal government is finally getting serious about the harm
caused by patent trolls — shell firms that don't make anything but amass old patents to threaten lawsuits against productive companies.
The inquiry Ramirez intends to launch could uncover data and evidence to be used by Congress, federal courts, the Department of Justice and other agencies to combat the harm
caused by patent trolls.
Not exact matches
Harming society In a study released on 19 September, Bessen and his co-authors estimate that
patent lawsuits filed
by trolls, also known as «non-practicing entities» (NPEs),
caused defendants to lose more than US$ 500 billion in value from 1990 to 2010.
To address many of the harms
caused by overbroad
patents and malicious
patent trolls, the broken
patent system must be fixed on the legislative level.
We also admire the company's acknowledgement that licenses and pledges alone can't fix a
patent system that's all too easily exploited
by patent trolls, nor can it stop the real root
cause of the problems in the
patent system, the flood of stupid
patents.
And the harm
caused by software
patents goes beyond the problems with
trolls.
Many in the tech industry believe that 2011's reforms did not adequately address the issue of «
patent trolls» and that additional legislation is necessary to reduce the costs of litigation
caused by «non-practicing
patent entities (NPEs).»