Tag Archive for Patent Assertion Entity (PAE)

Patent Flood Continues

The patent arms race continues to expand.  In 2012, the U.S. Patent and Trademark Office (USPTO) saw a record 253,155 new patents issued.  Not only that, it also just set a record on January 8, 2013 when 5,633 utility patents were granted in one day.  At its current pace, the USPTO will come close to…

PAEs Ringing in New Year without Resolutions

Several outlets have reported on a bevy of lawsuits filed in Delaware by Steelhead Licensing LLC against operating entities concerning infringement of patent 5,491,834 entitled “Mobile Radio Handover Initiation Determination.”  Unfortunately for innovators, legitimate operating entities, and consumers this is yet another example in a seemingly endless litany of companies springing forward to extract consumer welfare from the high-tech…

FTC Subpoena of Data Brokers May Be Good Model for FTC Study of PAEs

On December 18, the Federal Trade Commission announced that it has issued subpoenas to nine “Data Brokers” to provide the agency with information about how they collect and use data about consumers.  Generally speaking, Data Brokers collect personally sensitive information about consumers from both public and non-public resources, and then sell this data to companies.  The…

Some Quick Reactions to the PAE Workshop

Market participants, regulators, lawyers, and patent professionals gathered at the FTC yesterday for a very informative Workshop on Patent Assertion Entities (PAEs).  We will be posting more this week about specific takeaways and action items for enacting true reform in this space, but I wanted to share some themes and reactions from the event: More…

Yesterday’s FTC-DOJ Workshop on Patent Assertion Entities (PAEs)

Yesterday, the FTC and DOJ held a workshop on the anticompetitive effects of Patent Assertion Entities (PAEs), as Josh had posted about last week.  They put together a great collection of participants, and we commend them for this effort.  Jorge Torres compiled a Storify of Tweets from the event, featuring many from @PatentProgress.  David Balto…

The SHIELD Act Is a Step in the Right Direction

The SHIELD Act is an important step in the process of common sense patent reform where it is most needed: computer hardware and software patents.  The Act introduces a “loser pays” rule in computer hardware and software patent litigation when a court determines that a plaintiff did not have a reasonable likelihood of success.  The SHIELD…

FTC and DOJ Looking at Trolls under Antitrust Authority

A Sunday article in the Wall Street Journal reports the Federal Trade Commission (FTC) and Department of Justice (DOJ) are devoting “huge energy, particularly at a senior level” to assess the impact of non-practicing entities (a/k/a patent assertion entities, or PAEs) on competition in high-tech markets.  The agencies also intend to host informal hearings on…

Patent Troll Business Models

How Non-Practicing Entities are Adapting The idea of a patent assertion entity (PAE) (or non-practicing entity, patent troll) has become fairly well-known.  These firms adopt a business model of monetizing patents rather than practicing the technology covered by the patents; acquiring patents that enable them to target entire industries; and driving up the costs for…