Saturday, March 28, 2015
Patent Trolls: 10 Companies Embroiled in Lawsuits
Hello again,
Here I am going to discuss the many different companies that are currently embroiled in lawsuits because I find it interesting that they are the ones being targeted. Last year, AT&T took the cake for most number of lawsuits against them by these NPE patent trolls. They were sued 54 times which is over once per week. The list is as follows: AT&T, Google, Verizon, Apple, Samsung, Amazon, Dell, Sony, Huwei, and BlackBerry. Interestingly enough, At&T tops the list when I would have expected a company like Google or Apple to be forefront contenders for the top spot. Google is a relatively close second with 43 lawsuits by patent trolls. Verizon and Apple are both above 40. These three tech firms are creating new content which can overstep the bounds of certain patents. However, it is easy to see that this harms the technology because when you are embroiled in a new lawsuit every week your legal bill will climb to the billions when those billions could have been going to research and development. Bringing back AT&T, I can't imagine why they would be getting into so many lawsuits when they are just a mobile phone carrier and typically no the actual producer of technology. Patents do come in many different shapes and sizes so it might contribute to the way they do business and that could be patented as well. At the end of the list, we see tech firms as well and the more established firms that are growing much more slowly than Google and Apple.
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This list serves as a great example as to whom NPEs like to target. All of these companies are valued at more than a couple hundred million dollar, so it makes sense as to why they are under attack. What I've noticed, too, is that these companies are all tech giants, rather than a regular consumer products company. NPEs by targeting these companies are fishing for money where is it more than abundant, and one victory of a couple million dollars can validate all their other failed attempts. Great job in bringing up these points!
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