A patent troll is an individual or business entity that willfully files — or purchases — patents for the sole purpose of keeping others from using them. The more polite terms are non-practicing entity (NPE), which is a company that exists to hoard patents, and patent monetization entity (PME), which is usually a lawfirm that seeks to protect patents for NPEs. Either way, these people are trolls and they’re clogging up legitimate legal channels for patent protection among individuals and businesses that need it. These trolls have such a hold on the legal system that it ends up lengthening the patent-obtainment process — and...
Read the full article: What Is Patent Trolling and How Does It Affect You?
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