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Patent Trolls: Navigating the Fine Line Between Innovation and Exploitation in India’s Legal Landscape

Intepat

Introduction Patent trolls are entities that do not actively develop their inventions but instead acquire patent rights for obvious inventions to prevent others from working on them or to collect licensing fees. In a way, patent trolls serve a purpose, much like lawyers.

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Wash. 'Patent Troll' Law Survives Constitutional Challenge

IP Law 360

The state of Washington can pursue a lawsuit targeting a patent-assertion company under a 2015 law intended to stop "patent trolls" from trying to extort settlements from small businesses, a Seattle federal judge ruled Friday, rejecting the company's arguments that the law violates its right to free speech.

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[GuestPost] Opinion: Patent trolling threatens the market of taxi aggregators in Kazakhstan

The IPKat

A patent or trade mark troll’s strategy consists of finding potential defendants who find it less expensive to negotiate a settlement rather than litigate. That patent was canceled by the decision of the Chamber for Patent Disputes. This would not be a rare occurrence in Kazakhstan. of the proceeds.

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NPE Showcase – VirnetX

JD Supra Law

VirnetX is a classic example of an NPE that does not qualify as a “patent troll.” Patent trolls leverage the litigation system to negotiate settlements for less than the cost of defending against a lawsuit. VirnetX, on the other hand, licenses its patents for eight and sometimes nine figures.

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NPE Showcase – VirnetX

LexBlog IP

VirnetX is a classic example of an NPE that does not qualify as a “patent troll.” Patent trolls leverage the litigation system to negotiate settlements for less than the cost of defending against a lawsuit. VirnetX, on the other hand, licenses its patents for eight and sometimes nine figures.

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NPE Showcase – Web 2.0 Technologies, LLC

LexBlog IP

This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patent trolls”). Technologies is similar to other NPEs, asserting two patents against well-known companies for technology that has been around since the turn of the millennium.

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Litigation as a Source of Profit? Non-Practicing Entities and Patent Litigation

IPilogue

The second kind, private parties, often use the patents they acquire for profit through damage or settlement awards, or royalties and licensing rights. NPEs who acquire patents solely for profit (and not commercialization) are also called “Patent Trolls” or “ patent assertion entities.”