Wednesday, December 12, 2012

Unloved But Profitable 

Patent trolls who buy up patents then sue companies are among the least loved of businesses.  Yet, they are profitable, or no one would be doing it.  They are now in the ascendancy as well.  That demonstrates the point that a company needn't have good public relations to survive.  Patent trolls are bottom-scrapers and impediments to the progress of technology, but as long as the law is on their side, they won't disappear.  Some say the law should be changed , and perhaps it should, but until then, their patent infringement suits are full employment for lawyers.  Companies that make things have to reserve licensing revenue to pay trolls who don't.  It's a backward system but the way the world works


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