Sentences with phrase «many by patent trolls»

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.
The White House's Patent Assertion and Innovation report of June 2013 found that since 2005, the number of defendants sued by patent trolls had quadrupled.
And researchers from Harvard and the University of Texas recently examined R&D spending of publicly listed firms that had been sued by patent trolls.
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.
Most business owners sued by patent trolls don't talk about it to anyone other than their lawyer; a typical response is to cross one's fingers and hope the problem goes away.
There are about 13,000 intellectual property cases a year filed in federal court (many by patent trolls and pornography companies).
«This kind of a study is important because Congress is contemplating changing the rules for fee - shifting in patent cases in order to prevent frivolous litigation by patent trolls,» he said.
I always thought that a company like RIM, Google, or Apple must have a nightmare where one of their top engineers gets hired by a patent troll that then shows exactly how they violate the trolls patent...
That problem is that while the costs of litigation are real — not just money but also defensive medicine, intimidation of startups by patent trolls, intimidation of the media by billionaires — the exclusive focus on costs overlooks the crucial role of litigation in our democracy.
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.
Mr. Duan explained that design patent litigation isn't nearly as widespread as software patent litigation, but depending on what happens in Apple v. Samsung and other design patent damages cases, design patents could give rise to many lawsuits by patent trolls in the not too distant future.
SAP and Vizio constantly face attacks by patent trolls, Buccino and Huang said.
In his closing remarks, Representative Issa — who owns 37 patents from his days as an entrepreneur — discussed the Innovation Act, a bill intended to cut down on lawsuits brought by patent trolls.
The specter of a patent troll having to pay attorney fees if it loses should result in fewer cases being brought by patent trolls.
This is important for two reasons: One, the case is a big victory for end users — customers who buy products or utilize services — who increasingly find themselves targeted by patent trolls; two, patent exhaustion is an important legal doctrine that can and should be used more to protect those facing troll threats.
When I go around and talk to other entrepreneurs, what I hear is that they're afraid that if they become successful, they're going to be targeted by patent trolls... What are you planning to do to limit the abuse of software patents?
For large companies, the costs inflicted by patent trolls are a huge burden.
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.
When I started my company, I knew in the back of my mind that it wasn't a matter of if we'd get sued by a patent troll, but a matter of when.
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.
We look forward to working with Chairman Goodlatte, Representative DeFazio and their colleagues on the House Judiciary Committee on a bipartisan basis in order to continue to ensure that American businesses are protected against aggressive, anticompetitive attacks by patent trolls in the future.
Suppose you get sued by a patent troll.
My small welding shop grew to become one of the largest agricultural equipment companies in America and employ nearly 1,000 people, but we were sued by a patent troll that owned a broadly - named patent.
Retailers of all types and sizes have all been victimized by patent trolls, and the Boston University School of Law estimates that abusive patent troll practices cost the U.S. economy roughly $ 30 billion per year.
«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 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.
Since 2005, the number of defendants sued by patent trolls has quadrupled.
Fixing the functional claiming problem will severely limit the problems posed by overly broad software patents, which are often abused by patent trolls.
The McCurdy paper included in today's announcement also documents the drag on innovation and the economy constituted by patent trolls and their abuse of the system.»
«Right now, we need legislation that clamps down on litigation abuse by patent trolls and bad actors, and empowers those on the defensive end of frivolous lawsuits to fight back swiftly and cheaply.»
We have written before about how a broken patent system has led to an explosion of lawsuits by patent trolls (companies that assert patents as a business model instead of creating products).
The move by patent troll Scott Lewis essentially destroyed the marketing value of the Bodog.com name, leaving little total value to the seized domain in the overall Bodog Brand licensing globally.
Even though it has not even launched its product, CentUp received a cease and desist letter — a classic example of the growing problem of startups being targeted by patent trolls.
EFF is pleased to see the Indiegogo campaign page of Internet startup CentUp has returned after the page was briefly taken down in response to a complaint by a patent troll.
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.
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.
«TROLLS» will tell the story of one tech start - up that's ruined by a patent troll, but figures out a creative way to fight back!
It does not include protection for end users, consumers and small businesses attacked by patent trolls over widely available technologies.
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.
You know, Apple gets sued all the time by patent trolls: people who claim ownership of an idea but don't actually do anything to develop product that uses the idea.
I've just patented the idea for creating a SHIELD act that protects companies from being sued by patent trolls, and acts that prevent the creation of patents regardless of cost and / or «how - frivolous - they - may - seem.»
A recent study showed that more than half of the firms sued by patent trolls have less than $ 10 million in annual revenue — with startups being a common target.
To illustrate how much troll litigation has surged, there were more cases filed by patent trolls in one month in January 2015 than in the entire year of 2004.
San Francisco, California — The Electronic Frontier Foundation (EFF) won a court ruling today affirming that an infamous podcasting patent used by a patent troll to threaten podcasters big and small was properly held invalid by the U.S. Patent and Trademark Office (USPTO).
She noted that only a small portion of the cost imposed by patent trolls ever finds its way back to inventors.
This ignores the fact than that less than 2 percent of the costs imposed by patent trolls flows to inventors.
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 for ArrivalStar, TheRealReal had lawyers — unlike many small businesses targeted by patent troll demand letters.
Often, companies that get sued or threatened by patent trolls will end up paying a licensing fee, even though they don't think the patents are legitimate.
And almost all of this growth is fueled by patent trolls.
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