Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

patent troll

Read a random definition: exculpate

A quick definition of patent troll:

A patent troll is someone who collects patents and threatens to sue people who they think are using their ideas without permission. They don't usually make anything themselves, but they make money by getting settlements from the people they sue. Sometimes they have patents that aren't very clear or important, but they still try to use them to make money. People also call them patent-holding companies, patent assertion entities, or non-practicing entities, but not all of these are patent trolls all the time.

A more thorough explanation:

A patent troll is a term used to describe a person or company that hoards patents for the purpose of threatening alleged infringers with legal action. They typically do not manufacture the products for which they hold patents, earning their income primarily from the settlements that they receive from the people or companies that they have threatened.

Patent trolls hold patents that are often vague and ambiguous and seek to enforce patent rights extending beyond the patent’s actual value or contribution to the prior art. This means that they may threaten legal action against companies that are not actually infringing on their patents, but are instead using similar technology or ideas.

For example, a patent troll may hold a patent for a broad concept like “online shopping carts” and threaten legal action against any company that uses an online shopping cart, even if the technology used by that company is different from what is described in the patent.

Patent-holding companies (PHC), patent assertion entities (PAE), and non-practicing entities (NPE) are often classified as patent trolls, though not all of these entities are patent trolls in every case.

patent search | paternity suit

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
LSD+ is ad-free, with DMs, discounts, case briefs & more.