The Trouble with Patent Trolls

A growing number of companies are amassing enormous IP portfolios, often purchasing patents from underfunded inventors. Those in the warehouse patent business generally have no intention of bringing these inventions to market; they profit through licensing and litigation. Oftentimes the purchased patents have overly broad claims, allowing these "patent trolls" to bully would-be infringers into a licensing agreement. Those who refuse find themselves in court and are forced to spend huge sums on their legal defense.

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