Thursday, February 7, 2013
Week 5 EOC: Patent Troll
These people or corporations have no need to sue, clearly they are in it for the money or at the very least damage the company. Patent troll is a pejorative term used for a person or company that enforces its patents against one or more alleged infringers in a manner considered unduly aggressive or opportunistic, often with no intention to manufacture or market the product. A related, less pejorative expression is non-practicing entity (NPE) which describes a patent owner who does not manufacture or use the patented invention.[1]From what I read from the article it looks like most of these lawsuits are just people trying to make an easy quick buck trying to exploit the system. Now if they were selling a similar product and they are a direct competitor then that is alright, but the ones that have no interest in selling that product have no right. Those that are not in the interest in selling the product are not damaged in any way. However companies in order to avoid this in the future need to come up with a better way to properly label their products so less of these products fall through the cracks. Unless companies can think of something soon then corparations will continue to loose money on pointless lawsuits instead of going into the wages of hard workers.
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