35 Companies Including Apple Wants the EU to Stop Patent Trolls from Gaming the System
35 Companies Including Apple Wants the EU to End Patent Trolls from Gaming the System
Posted by on Jan sixteen, 2022 in iPhone News, News
35 companies including Microsoft, BMW, and Apple tree have written to the European Commission about patent trolls stifling innovation and blackmailing them.
The alphabetic character calls out Thierry Breton, the new commissioner for industrial policy and technology, to prevent patent trolls from "gaming the arrangement".
In a letter to the European Commission, the group of 35 companies and 4 industry groups warned that patent trolls were stifling innovation.
They chosen for Thierry Breton, the new commissioner who oversees industrial policy and technology, to draw up tough rules to stop patent hoarders from "gaming the system".
Patent trolls hoard patents and and then use them to blackmail companies into paying them millions of dollars when they infringe on any of the patents. These patent trolls hope to make millions through licensing fees or lawsuits.
The letter asks the European union courts to take a softer approach to patent infringement and non result a blank ban on products when merely a single patent is found to be infringed.
Apple has been frequently targeted by patent trolls and in many cases, the company has been ordered to millions of dollars to them.
The U.Southward. Supreme Courtroom in 2006 had set a higher standard to exist met before an injunction would be granted. Since most patent trolls sued the company in the Eastern District of Texas, the company ended upwardly shutting its stores there. This ended upwardly making the EU a favorite among patent trolls which is why these grouping of companies wants the Eu to take a pace well-nigh this.
[Via Fiscal Times]
Source: https://www.iphonehacks.com/2020/01/apple-wants-eu-stop-patent-trolls-gaming-system.html
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