How patent trolls hurt the American economy ...Middle East

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How patent trolls hurt the American economy
Patent trolls — entities that hoard patents, not to innovate but to litigate — are at it again. This time, a company called Freedom Patents has launched a fresh wave of litigation complaints targeting technology companies including T-Mobile, Samsung and Cisco. This is the second campaign by Freedom Patents against wireless antenna technology. The grounds for its case rest on three outdated Mitsubishi patents, and the company is attempting to extract a large settlement from mobile communication companies that would rather avoid a lengthy and expensive court process. Freedom Patents exemplifies the “patent assertion entity” model, where companies exist solely to acquire patents and fi

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