CRF Blog

Crowdsourcing the Fight Against Tech Patent Trolls

by Bill Hayes

In Crowdsourcing the Fight Against Tech Patent Trolls, Bloomberg Businessweek reports on a new way for companies to battle patent claims.

Tech executives have been paying huge legal fees for years to fend off competitors who make patent claims. They also must contend with patent trolls, individuals or companies that file or buy up little-known patents solely to sue others for infringement and perhaps score lucrative judgments. The number of patent actions filed in the U.S. has tripled to more than 4,000 between 1991 and 2011, according to a PricewaterhouseCoopers study. That’s a huge opportunity for Article One, where many of the researchers are engineers, academics, and retired patent attorneys looking for a little extra income. [more]