August 6, 2011

Problem Patent Trolls Inspire New Legislation

Problem Patent Trolls Inspire New Legislation - U.S. Politics Today - News Media Monitoring:
"Patent trolls have been an especially difficult problem for companies to manage. They are reminiscent of cyber-squatters who bought up Internet domain names during the dot-com boom, and, because of patent trolls' behavior, patent-infringement litigation is growing at an incredible pace. In the U.S. District Court for the Eastern District of Texas (where many of patent-infringement lawsuits are initiated), filings in 2010 increased by 20 percent compared to 2009.

In addition, new patent cases in the Eastern District outnumbered new filings in every other federal district. The total number of new defendants (3,879) marks a 70 percent increase from 2009 and is more than four times the next highest number for new defendants (884), in the District of Delaware.

The Federal Trade Commission recently issued a report indicating that patent trolls appear focused on hindering companies that have actually innovated rather than 'developing and transferring technology' themselves. It also notes that one of the primary problems exploited by patent trolls is the vagueness in patent applications. Some patents are intentionally vague and, as a result, often do not serve their purpose in giving notice about what the covers."

No comments:

Post a Comment