Tag Archive for Patent Assertion Entity (PAE)

The License on Transfer Network is a LOT of Good

A coalition of tech companies (Google, Canon, SAP, Newegg, Dropbox and Asana) recently announced a new private initiative to disarm patent trolls: the License on Transfer Network (LOT). This is essentially an extension of Google’s Open Patent Non-Assertion Pledge (OPN) that I wrote about in my very first Patent Progress post last year. In the OPN,…

MIT Professor Finds That, Yes, There Is a Patent Troll Problem

Tucker photo

Patent reform may have stalled in the Senate, but the damage from patent trolls only continues to grow. A few weeks ago, Lex Machina released a report showing that patent assertion entity litigation is on the rise. And remember that day in April when patent trolls filed nearly 200 lawsuits? And yet, we’ve continued to hear anti-reformers complain that…

FTC Streamlines Patent Troll Study

Yesterday the FTC announced that it has updated its proposed study on patent trolls and is sending the proposed study to OMB for approval. Not surprisingly the public overwhelmingly supported the study and no commenter opposed it. However, some commenters expressed concerns about the volume of information requested and the burden on businesses that would…

A Troll in Inventor’s Clothing

Sometimes this debate over patent reform seems surreal. “Small inventors” are coming out of the woodwork to make bizarre claims, like arguing that making it easier to penalize patent owners who bring frivolous litigation will destroy innovation. Here’s an example. Last week, an inventor named David Barstow published an op-ed in the Austin American-Statesman, pleading…

Is the FTC Study on Patent Trolls Going to Happen?

As we’ve noted, the FTC Chairwoman Edith Ramirez recently proposed doing a 6(b) study on the patent assertion entity business model. The proposed study has the potential to get us information about how patent trolls operate that would be nearly impossible to get without litigation. MLex is reporting (subscription required) that FTC Commissioner Maureen Ohlhausen…

Stop the Secondary Market for Patents From Running Wild

In this post, I want to address the notion that the secondary market for patents is too valuable to risk regulating. Patent trolls and their defenders often argue that a “vibrant” secondary market benefits inventors, which implies that any restrictions on patent transfers harms inventors. One recent op-ed in the Seattle Times caught my eye.…

The FTC Chairwoman Calls Out Patent Assertion Entities

Another day and another volley fired against patent assertion entities (PAEs). Today, it’s the FTC joining the fray. At an event co-sponsored by CCIA, FTC Chairwoman Edith Ramirez announced that she would be asking the Commission to institute a Section 6(b) investigation of the patent troll business model. Senator Leahy also sent Chairwoman Ramirez a…

Event Today Featuring FTC Chair Edith Ramirez

CCIA and The American Antitrust Institute are hosting a panel, Competition Law & Patent Assertion Entities: What Antitrust Enforcers Can Do. This is a big event at the National Press Club today at noon, with FTC Chair Edith Ramirez scheduled to speak. The NY Times reports that Chairwoman Ramirez may make some major announcements as well: Ms. Ramirez…

Troll Economics: The White House Weighs In

Last week, the White House released its agenda of legislative priorities and executive actions on high-tech patent issues.  It was accompanied by a report, Patent Assertion and U.S. Innovation, that builds on recent research and makes the case for the agenda.  The agenda is attributed to the White House Task Force on High-Tech Patent Issues,…

Guest Post: Stop Abusive Patent Litigation, For the Sake of our Economy

The patent troll debate has officially heated up and the nation’s businesses are paying close attention to the proceedings.  The FTC got things started on December 10, 2012 at the Patent Assertion Activities Workshop.  This meeting featured several of the country’s leading experts on PAEs, as well as representatives of PAE firms and their defendants,…