Patent Trolling : Can’t Live With, Can’t Live Without!
Patent Trolling is indeed a remunerative fad apart from being a ‘rage’. It’s also turning out to be the easiest way to make quick bucks, many of those quick bucks rather. For once, it should probably be lauded for they have highlighted the largest of loopholes that companies seem to have over-looked on their march to success. However, what should also be observed in the midst of all of this is that – they also highlighted what a travesty the patent system has become these days. The company that does nothing gets rich and the company that innovates has slowed down. Especially, when all you need to do is find descriptions of an invention that dates back to before the patent was filed.
The problem is that – searching for old inventions is really difficult. If ‘all you need to do’ is find prior art, does the court case automatically disappear in a jiffy? It would be wonderful were that the case. But realities are relative.
It is true that it’s impossible to keep tabs on every patent awarded to a possible troll, and try to challenge those patents at the USPTO on the off chance that if you don’t, those patents might be used against you!
Contributed by: Valli Shobhana. C