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Kill the patent trolls says CEO of the Consumer Electronics Association
“One in three startups has been blindsided by patent litigation, and 40 percent of small technology companies say abusive patent suits have had a serious, negative impact on their businesses,” said Shapiro.
The claims by these bullies would be funny if this wasn’t so serious. One troll attacked small companies for scanning documents while another went after coffee shops that were using Wi-Fi routers. Patent trolls are costing the U.S. economy at least $80 billion per year while the trolls rack in upwards of $29 billion per year.
Rockstar doesn't actually make anything, it exists solely to sue for patent infringements.
Because Rockstar is an independent entity, it can even sue companies that its owners have patent agreements with. So although Apple and HTC signed a 10-year patent licensing deal, that didn’t stop Rockstar from filing against HTC itself. It looks like Apple wants its cake and eat it.
One strange name on the list of Rockstar’s owners is Sony. The electronic giant is a successful Android OEM and yet its money is being used to sue Google. Bizarrely, Rockstar is potentially able to actually sue Sony for patent infringements. In the world of the patent troll anything is possible!
Shapiro is calling for the Senate to follow the president and Congress and enact solutions that drive a stake into the heart of patent trolls, instead of tiptoeing around the edges.
Do you agree with Shapiro, do you want to see an end to the patent troll plague once and for all?