The Attorney General's (AG) involvement ups the ante for any patent troll, flips the balance of power in the typically patent troll situation (there by discouraging the basic strategy of most patent troll), and importantly, can serve to insulate Vermont businesses from the claims
made by patent trolls because there would be no direct recourse by the patent troll on a potential infringer.
American businesses of all sizes and from all industry sectors are being held hostage by frivolous lawsuits and overly broad claims
made by patent trolls.
Instead of investing in new jobs and services, businesses must fight frivolous claims and overly broad lawsuits
made by patent trolls against a range of technologies and commonplace ideas.
Not exact matches
Attacked
by some as a
patent troll for the $ 150 million he
made, he now wants to bring the entire
patent world into the 21st century, using AI and the blockchain.
Canada's Federal Court could be given greater powers to combat unacceptable behaviour
by domestic and foreign «
patent trolls» — companies that do not
make or sell a product but sue other companies for
patent infringement based on existing
patent rights the
troll has secured.
ITC's decision came on the same day when Mr.Obama took steps to control companies that buy and enforce
patents rather than
making their own products and services known as
patent trolls by their detractors.
From what could find in this tired state, nintendo and M$ were sued
by apparent
patent trolls who only wish to sue instead of using
patents to
make products.
The country's two most popular phone makers, Apple (AAPL) and Samsung, are still getting smacked
by dozens of lawsuits from so - called «
patent trolls,» which are shell companies that
make no products.
There's a derogatory term in Silicon Valley for companies that amass huge troves of
patents and
make money
by threatening lawsuits: «
patent trolls.»
As to what the author said, he
made it a point to note that apple has been targeted
by numerous lawsuits
by a bevy of
patent trolls and may not like how it feels, even to the point of altering its behavior (not too likely, but one can always hope.)
The
trolls (who prefer to call themselves «non-practicing entities,» or NPEs) soon grew rich
by exploiting an economic asymmetry in federal law that
makes it relatively cheap and risk - free to file a
patent lawsuit but ruinously expensive to defend one.
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.
Proposed remedies included fee - shifting, which would undercut the economic imbalance that
makes trolling so lucrative, and the creation of expedited review procedures to challenge the validity of so - called «business method»
patents, which the
Patent Office began issuing
by the thousands after 1998, and which can grant 20 - year monopolies on basic business practices.
Washington, D.C. — The Electronic Frontier Foundation (EFF) urged the Supreme Court to overturn a court decision that tilted the scales in favor of
patent trolls by making it easier for them to venue shop and file lawsuits in certain courts.
«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».&
Patent Assertion Entities, or «
patent trolls».&
patent trolls».»
According to a recent study
by Santa Clara University School of Law professor Colleen Chien, companies
making less than $ 100 million annually represented 66 percent of the defendants in
patent troll litigation, and more than half of those defendants had less than $ 10 million per year in revenue.
«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».&
Patent Assertion Entities, or «
patent trolls».&
patent trolls».»
«The members of the Coalition for
Patent Fairness and the thousands of businesses — large and small — under attack by patent trolls thank President Obama and his Administration for making patent reform a pri
Patent Fairness and the thousands of businesses — large and small — under attack
by patent trolls thank President Obama and his Administration for making patent reform a pri
patent trolls thank President Obama and his Administration for
making patent reform a pri
patent reform a priority.
The complaint is typical of tactics used
by patent trolls: invoking old
patents to
make sweeping claims, while demanding an injunction, damages and a jury trial.
[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.
Samuels will argue that Congress should enact statutory protections for consumers who find themselves facing
patent troll threats
by regulating the demands those
trolls make and increasing transparency around those demands.
It's time to
make life harder for the
patent trolls by passing legislation like the SHIELD Act, which would require a
troll who brings a losing suit to cover the fees and costs of a party like Austin.
We've long been concerned about «
patent trolls» — companies that don't produce anything themselves but buy
patents, then
make their money
by threatening and even suing companies that are producing products.
That
makes Personal Audio a
patent holding company or — in a less polite term used
by tech companies and analysts — a
patent troll.
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.
It requires
trolls to
make their case up front
by providing basic information about their
patents and the supposed infringement.
A ruling that
made it even easier to sue customers (
by allowing suits against someone who performs just some steps of a
patent) would encourage
patent trolls to launch more abusive litigation campaigns.
to an otherwise abstract concept is not enough to
make it patentable — a sensible rule that would likely invalidate many thousands of the vague software
patents so beloved
by patent trolls.
These judges agreed that merely «appending generic computer functionality» to an otherwise abstract concept is not enough to
make it patentable — a sensible rule that would likely invalidate many thousands of the vague software
patents so beloved
by patent trolls.
The report, which was required under the America Invents Act,
makes a thorough review of the consequences of
patent litigation
by patent trolls (it prefers the term PME).
So - called
patent trolls stifle innovation and harm our economy
by making dubious claims of
patent infringement and using the threat of expensive litigation to extort money from small businesses and nonprofits.
This legislation is intended to reduce litigation
by «
patent trolls»
by making them liable for alleged infringers» court costs and attorneys» fees if their
patents are found invalid or not infringed.
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.
By making important reforms to the nation's patent litigation system, the Innovation Act would address abusive practices by patent trolls that bully American businesses, including many REALTORS ®, with deceptive and often illegitimate claims of patent infringemen
By making important reforms to the nation's
patent litigation system, the Innovation Act would address abusive practices
by patent trolls that bully American businesses, including many REALTORS ®, with deceptive and often illegitimate claims of patent infringemen
by patent trolls that bully American businesses, including many REALTORS ®, with deceptive and often illegitimate claims of
patent infringement.