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

The IPKat

The second question is whether G-Taxi aimed to protect their intellectual property rights and market, or to obtain IP protection in order to obtain licence fees? 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.

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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.”

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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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NPE Showcase – The District of Delaware

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”). This installment will focus on a court where many patent trolls file suit, the U.S. District Court for the District of Delaware.

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NPE Showcase – Sockeye Licensing

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”). Sockeye owns a pair of patents broadly related to controlling a “display device” with a mobile phone. So what happened?

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NPE Showcase – InvesTrex, 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”). The challenge would fail despite the weakness of the patent and result in nothing but wasted attorneys’ fees.