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Wednesday, 08/07/2019 10:20:58 PM

Wednesday, August 07, 2019 10:20:58 PM

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Vplm

A non-practicing entity (“NPE”) or patent troll, as it is sometimes pejoratively called, is an entity which enforces patent rights against alleged infringers in an attempt to collect licensing fees, but which does not manufacture products or supply services on the back of these patents. They frequently TAKE OUT OR BUY generalised patents – often on widely available technology – and then demand money from companies who use or offer it. This “legalised extortion,” as some call it, also means that companies are spending more time and money defending themselves against these infringement lawsuits rather than using those resources for R&D and innovation.

TAKE OUT OR BUY!!!
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