Monday, April 6, 2015

NPE

A patent troll, or non-practicing entity, defined by Wikipedia is a person or company who enforces patent rights against accused infringers in an attempt to collect licensing fees. The person does not manufacture or supply services with regard to those patents under question. Or in other words, a non-practicing entity holds a patent for a product or process, but has no intention of developing it. A patent troll, discussed below, is a type of non-practicing entity.
Essentially, a patent troll attempts to weaponize patents by purchasing cheap broad patents and threatening litigation upon those that infringe their patents. These threats include sever legal action, often time in court unless a hefty licensing fee is paid for infringing the patent.

I believe one of the keys to patent trolling is how broad and vague most of the NPE patents are. Due to the ambiguity of these patents, NPE’s can find most companies vulnerable, especially those small startups.

I found most of the material on this website. Feel free to visit to find out more.



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