Wednesday, April 29, 2015

With Patent Litigation Surging, Creators Turn to Washington for Help


Patent law is becoming a high profile topic in congress. There has been a lot of related lawsuits in the past few years. A Senate bill was put forth to address companies that are "patent trolls", this bill makes it harder for them to sue because of patents, it also makes it much more costly as well. Companies that are "patent trolls" use techniques like filing letters with firms in the hotel, retailer and restaurant industry that are obviously nontech. The letter then poses allegations on these companies that they have violated a patent, usually related to their software, creating a lawsuit. Some people view "patent trolls" in a positive light and they call them "patent monetization entities".









http://www.nytimes.com/2015/04/30/technology/with-patent-litigation-surging-creators-turn-to-washington-for-help.html?ref=business

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