Google, Dropbox and others team up to protect themselves against patent trolls

Himanshu Arora

Posts: 902   +7
A group of technology companies, from startups to Silicon Valley giants, have joined forces to ward off patent trolls -- people or firms that buy old patents and try to monetize them by accusing others of infringement.

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Kibaruk

Posts: 3,836   +1,183
God no... something I never thought I would read in an article tittle... patent troll...

According to Google legal director Eric Schulman, who led the initiative, more than 60% of patent litigation in 2012 was started by trolls, and more than 70% of the patents used by trolls were generated by companies still in operation.
Good lord... why!
 
G

Guest

Annual membership fees range from $1,500 to $20,000 based on the company's annual revenue.
Let me get this strait...

They want to charge companies money(1500-20000) to become a member of a group that has full access to your patents as soon as you decide to sell or royalty them outside of their network? And protects them from litigation if they infringe on your patents? Shouldn't they PAY the companies for signing up and allowing patent infringement?

What ***** CEO would sign up for this?
 

Greg S

Posts: 1,607   +442
Annual membership fees range from $1,500 to $20,000 based on the company's annual revenue.
Let me get this strait...

They want to charge companies money(1500-20000) to become a member of a group that has full access to your patents as soon as you decide to sell or royalty them outside of their network? And protects them from litigation if they infringe on your patents? Shouldn't they PAY the companies for signing up and allowing patent infringement?

What ***** CEO would sign up for this?
But you would get access to the patents of others who sold. That's why.