Does the America Invents Act Signal an End to ‘Patent Trolls’?
March 19, 2012
The Legal Intelligencer
Types : Bylined Articles
When the boy-wizard Harry Potter and his pals encountered a fearsome mountain troll in the movie “Harry Potter and the Sorcerer’s Stone,” it took toughness, teamwork and some timely magic to knock out the ugly beast with his own club. For years, many had called for Congress to employ a similar approach to address so-called “patent trolls,” which have cost innovators an estimated $500 billion dollars in settlement and defense costs in the past 10 years alone.