Earlier this year, I wrote about efforts to reform the patent system to curtail abuses by “patent trolls.” Patent trolls do not manufacture anything. Rather, they often buy up patents and then bring lawsuits against businesses seeking to extract licensing fees. Last week, the Federal Trade Commission (FTC) reported on its blog that it had
patent trolls
A Renewed Call To Reform The Patent System To Address “Patent Trolls”
By Jeffrey White on
The words “manufacturer” and “innovation” often go together like “peanut butter” and “jelly.” Many manufacturers spend years developing processes and products that they then must protect by using the legal system such as through obtaining patents, trademarks, etc.
Over the past several years, many manufacturers have learned that there are entities in the marketplace known…