Patent Trolls to Lose their "Homefield" Advantage Thanks to Supreme Court

[DeathtoGnomes]

It's palm greasing. They litigate there where the judges rule in favor of big money and big money compensates the judges by investing in the area. Legal, but shouldn't be.

If they want to keep doing that, they're going to have to move their headquarters which means no more tax havens. It is very doubtful they'll move.

Tax Havens are nice until they get abused by these trolls.

 

[R-T-B]

So basically this ruling is giving hope to those that want to steal a product or idea, and have the money to back themselves.
Patent owners will lose, this is not a good thing.
And!
I must protest the use of the term, Patent Troll.
The use of that term infers negative connotations on the patent owners, who have legal right to all property under their patent(s).

The negative connotation is justified when the patent holders do nothing with their patents: That is part of the definition. Its very nature is parasitic.

 

[Caring1]

The negative connotation is justified when the patent holders do nothing with their patents: That is part of the definition. Its very nature is parasitic.

So owning a patent and earning royalties from its use is parasitic, I thought that was called business.

 

[silkstone]

So owning a patent and earning royalties from its use is parasitic, I thought that was called business.

The real problem doesn't lie with the enforcement of patents, but the granting of patents.

Some patents are granted that are so generic that they can apply to multiple products and others are granted that cover products that already exist. When they are fought in court, the PAEs usually lose, but it costs a company money to defend and so they usually just give them 'go-away' money.

PAEs will often file suit in friendly districts where the courts are less likely to invalidate their patents so it's often not worth the risk to try defending.

 

[R-T-B]

So owning a patent and earning royalties from its use is parasitic, I thought that was called business.

No, owning a patent and refusing to license or innovate with it in favor of litigation on highly generic terms is not normal business.

 

[DeathtoGnomes]

No, owning a patent and refusing to license or innovate with it in favor of litigation on highly generic terms is not normal business.

No, owing a patent and bending over so everyone with a lawyer can F*** you over in court is normal business.

 

[R-T-B]

No, owing a patent and bending over so everyone with a lawyer can F*** you over in court is normal business.

Definitions, my dear Watson, definitions.

Some of us view business as an actual legitimate enterprise. Crazy, I know.

 

[DeathtoGnomes]

Patent trolls view what they do as legitimate business too. They're in it for the money too.

 

[R-T-B]

Patent trolls view what they do as legitimate business too. They're in it for the money too.

The difference being, how much harm does your business cause vs what does it actually produce?

The problem here is patent trolls produce nothing. Nada. You can't divide by 0, so they don't even make a ratio.

 

[qubit]

That wasn't Trump's choice. FCC votes for its own chairman. Pei came into power because he's the highest ranking Republican on the board. When Republicans took control of Senate, Pei became chairman of the board. Everyone and their dog knew Pei would end the pro-public rules FCC established under Wheeler. Pei always was and remains a shill for providers, especially ones with deep pockets (AT&T, Verizon, Comcast).

That's not what I read on various news sites. The basics of it were that he doesn't like net neutrality so he put this character in there to kill it.
I'm talking about established news sites like the BBC, The Register, Huffington Post etc. I think even TPU might have covered it, but don't quote me on it.