U.S. Supreme Court Deals a Blow to Patent Trolls
Anonymous Coward writes "Forbes is reporting that the Supreme Court has just limited the power of patent trolls to obtain permanent injunctions against infringers as a matter of course. The court has ruled that the principles of equity apply, meaning that a court considering slapping an injunction on the infringer must consider how much damage is really being done ... which in the case of EBay's Buy It Now feature, isn't much, since the company that owns this so-called patent only has it for the purposes of suing other people." From the article: "The high court's decision deals a blow to patent trolls, which are notorious for using the threat of permanent injunction to extort hefty fees in licensing negotiations as well as huge settlements from companies they have accused of infringing. Often, those settlements can be far greater than the value of the infringing technology: Recall the $612.5 million that Canada's Research in Motion forked over to patent-holding company NTP to avoid the shutting down of its popular BlackBerry service."
You realize, I assume, that many lawyers out there are completely willing to take on a case like that, presuming it's reasonably clear cut, for both the notoriety of successfully taking on a big company and for a cut of the damages?
Most of the cases of a "small inventor" being "abused" by big corporations are actually little more than a "small inventor" signing undesirable contracts and then attempting to reneg on them. If a big company is egregiously abusing a person's patented ideas (which also involves significant financial damages), 99% of the time the case will be fairly clear cut, there will be a lawyer willing to get in on it for a cut of the damages, and the entire thing will be adequately resolved.
If people took a little more time to think through their decisions when dealing with big companies, especially when entereing into contract deals with them, many of the world's "unfair abuses of the little guy" would be readily avoided.
This is positive even if it hurts the small inventor. This person I know works as a copyright lawyer. Coincidentally for Microsoft. Her job is to find vague ideas that have not been patented and patent them in as many countries as possible with the broadest most vague wording that could possibly hold up in court. Microsoft's idea is that 20 years down the road each patent will pay off itself 100 fold. So why is it okay to do something that hurts the small investor? Because now the small investor can't be sued when they come out with a breakthrough product simply because it infringes upon some BS patent held by a company with zero intentions of ever doing anything with it... well, except for using it to hold a small inventor hostage and take all his/her possessions.
All you need now is a new law, allowing patents to be annulled early if they are being misused. Physical property can be confiscated if it is misused, and proponents of the term "intellectual property" like to think that ideas can be owned like physical property, so why the hell not?
Je fume. Tu fumes. Nous fûmes!