Friday, May 2, 2014

The game-changing Supreme Court decision that nobody is talking about

The game-changing Supreme Court decision that nobody is talking about

"The case could have huge ramifications on patent trolls—the derogatory term for firms who use ill-gotten or groundless patents to extort licensing fees from those who infringe upon them. These firms, which don’t actually produce a product based on their patent, have been a particular source of consternation within the Internet and tech industries. The success of their business model is based largely on defendants’ reluctance to foot the high cost of a patent trial defense."