Why Exactly Companies Settle Out of Court Against Patent Trolls?
This world is full of inventions! Every day new inventions are made throughout the world in each and every field. This is a very bright thing for the mankind as new and advanced methods actually make life easier for the people or give them more suitable options. The only problem with most of the new inventions is that somehow they are related to an already discovered technology, product, service, etc. This is the reason it is imperative to get patent rights for the new invention, advancement or practice which your company is doing. The simple reason being that there are a lot of patenttroll companies out there who are looking to sue other companies for infringement. Also Read: Top 3 Tips to Protect Your Business against Patent Trolls These bad patents obtain patent rights for a product or service for the sole purpose of suing other companies who practice or have started practicing similar technologies, product, or service. These bad patents target only those companies which