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PME

Patent Monetization Entity. An alternative term for “troll”, “patent assertion entity” (PAE), and “non-practicing entity” (NPE), proposed by authors Feldman et al. in The America Invents Act 500: Effects of Patent Monetization Entities on US Litigation.  The term it proffers as a label that the authors posit more captures the phenomena surrounding the monetizing patents in current practice.

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