The problem is that patents are granted very easily, especially in the United States. This means that there are a whole bunch of patents that are trivial, very vague, and actually invalid – think, for example, of a patent for “XYZ, but using a computer”, or a patent for a technology that has been used for years by practically everyone, Or a patent just says What He does and he doesn't how.
Patent trolls do not invent anything themselves, nor do they manufacture any products. they just one The revenue comes from filing lawsuits over possible infringements of their patents, hoping that the opposing party will settle for a few tens of thousands rather than spending hundreds of thousands on lawyers for years to fight the infringement or have the patent declared invalid. It is often part of their strategy to consciously wait for the counterparty to grow into a multi-billion dollar company so they can get a higher settlement.
So no, this is not about protecting “intellectual property” or “investments”, it is about abusing the patent system to extort money from innocent parties.
If you would like to see examples,… Stupid patent of the month The EFF blog is a good start.
[Reactie gewijzigd door laurxp op 19 maart 2024 23:05]
“Coffee buff. Twitter fanatic. Tv practitioner. Social media advocate. Pop culture ninja.”
More Stories
The reader is warned: “Do not put your money in one bank, but rather put it (or part of it) under your bed.”
Geybels and his GTS group celebrate on the top of the scaffold!
“US is investigating whether Tesla committed fraud over Autopilot claims” – IT Pro – News