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A decade ago, patenttrolls were all the rage in the patent world. If there was a rock-star matter in the patent world, it was the debate over trolls. It got this Kat to wonder: has patenttrolling become such an ""oh so yesterday" subject? PatentTrolls, ?nd Focusing on the U.S.,
Over to Konstantin for the story and his take on the developments: "Some may associate businesses whose primary aim is to assert patents in litigation to obtain license revenue with the Eastern District of Texas or the Unwired Planet decision in the UK, and not think about cases further afield from Marshall, Texas or London.
The term ‘PatentTroll’ originated in 1994 in an educational video by Paula Natasha Chavez called the ‘Patents Video.’ ’ A patenttroll is a term used for describing a company that uses Patent Infringement claims to win arguments and court judgments for profit or to stifle competition.
Google’s contribution to the US patent system. Healthy patent systems can sometimes be described as a way to incentivize creative inventions, encourage building on existing ideas, and avoid frivolous litigation. Concern with the US patent system. Google also helped discover the License on Transfer Network. Source: RPX.
Introduction Patenttrolls 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, patenttrolls serve a purpose, much like lawyers.
Stephen Warwick: Apple and Ericsson’s Massive Patent Dispute is Going to Trial Next Year (Source: iMore). Philip Blenkinsop: EU Launches WTO Dispute Against China Over Telecom Patents (Source: Reuters). Wendell Roelf and Julie Steenhuysen: Moderna PatentApplication Raises Fears for Africa COVID Vaccine Hub (Source: Reuters).
Abnormal patents in china. ” The crackdown follows years of criticism that the Chinese patent system was being abused by “patenttrolls” who filed frivolous lawsuits or submitted low-quality applications in order to extort money from companies.
Most nonpracticing entities are private firms owned by patent attorneys, investors, or a combination of the two. And in virtually all cases, NPEs purchase the asserted patents from another company seeking to divest assets for cash. His entities have filed a whopping 1,249 patent infringement lawsuits with 23 of those pending.
The USPTO has issued a request for comments regarding the impact of AI on patentability. The USPTO specifically calls for views on how the proliferation of AI could affect evaluations of patentability, including what qualifies as prior art and the capabilities of the person skilled in the art. Comments are due by 29 June 2024.
Let’s dive into the key points discussed: AI in Patent Law : Yuri discusses the potential of AI in the field of patent law. However, he also points out potential issues, such as the risk of AI being used to train competitors’ AI when drafting patents.
Patents , as a vital form of intellectual property (IP), safeguard these innovations, providing inventors and businesses exclusive rights to their inventions while promoting the dissemination of knowledge. As we move through 2024, several key patent trends are reshaping the future of innovation.
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