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Report Shows Patent Trolls Are Thriving

eldavojohn writes "The 2009 Patent Litigation Study has been released by Price Waterhouse Coopers. It shows evidence that patent trolls are growing and doing quite well. Using a very conservative view of a non-practicing entity (referred to as NPE in the report), PWC noted that 'damage awards for NPEs have averaged more than double those for practicing entities since 1995' and 'certain federal district courts (particularly Virginia Eastern and Texas Eastern) continue to be more favorable to patent holders, with shorter time-to-trial, higher success rates, and higher median damages awards.' The report paints a dire picture of the state of patent lawsuits and especially those brought by NPEs and also shows that in the past eighteen years the number of patent cases filed yearly is on the rise significantly when normalized against the number of patents granted yearly."

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  1. Obama Policies Will Bankrupt USA Tsarkon Reports by Anonymous Coward · · Score: -1, Troll

    Obama Policies Will Bankrupt USA Tsarkon Reports
    (Note: We are not a GOP-sters, Republicans or affiliated with any parties, and as George Washington warned against parties We do not believe in parties and, unlike most people, We evaluate every issue on a case by case basis and do not defer to the judgments of politicians who are corrupted and untrustworthy as a group.)

    Obama is controlled by the same people as Bush see The Obama Deception documentary [youtube.com]

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    - Russia on an new world reserve currency: It is necessary to work out and adopt internationally recognized standards for macroeconomic and budget policy, which are binding for the leading world economies, including the countries issuing reserve currencies - the Kremlin proposals read. [en.rian.ru]

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  2. Patents are evil by Anonymous Coward · · Score: -1, Troll

    What would life be like if people patented things like the concept of putting beverages inside glass, metal, rubber, wood, or plastic containers, and then waited a couple hundred years to enforce the patent?

    It would be the end of civilisation as we know it.

    The only thing worse than that is Micro$$$oft.