leecheng

A patent troll is anyone who asserts patents abusively--ie poor quality patents or patents that technically pass muster but don't add value to society. They take advantage of the fact that legal defense costs are much higher than their settlement demands to extort billions a year from honest businesses.

We don't give in to legal terrorists. It encourages more terrorism.

Was very disappointed but not terribly surprised. Legislative reform often takes years and is very subject to influence from parties with financial interest in the status quo--in this case trial lawyers, patent trolls, and large companies who want to defend monopoly positions.

Reform is going to take a concerted judicial, legislative, and business effort--most importantly, and what will be most effective, people and companies need to stand up and say NO!

Go Supreme Court!

http://www.techdirt.com/articles/20140521/15513527315/newegg-given-go-ahead-to-pursue-douche-bag-patent-trolls-fees.shtml

I built a decent business case to fight and fortunately, the first troll we hit was so damned greedy that they helped me out. They wanted millions. I'm pretty good at controlling legal cost and we never spent more in any year than the troll demanded up front. Dumbasses.

Businesses and consumers need to work together and to let the corproate interests supporting trolls know that they customers are aware of what they are doing and that their activities are not appreciated. Boycotts. Protests. Bad, bad PR.

A team decision, supported by our founder and controlling stockholder, Fred Chang, who is a very principled person. Our Board was behind the strategy as well. When results started to come in, ie paying nothing where our major competitor paid a troll millions, and not getting sued anymore, support was even more enthusiastic!