Congress Proposes Strategy For Fighting Patent Trolls

phantomfive writes "Congressman Charles Schumer has written a piece decrying the evils of patent trolls. 'Because of the high cost of patent litigation—the average litigation defense costs a small or midsize company $1.75 million—it is often marginally cheaper for a defendant to pay up front to make the case go away. The average settlement for the same group of companies is $1.33 million....Patent trolls cost U.S. companies $29 billion in 2011 alone.' His solution? Make it easier for low quality patents to be re-examined and rejected by the patent office."

Comments

Re:WSJ Paywall?

[TaoPhoenix]

Submission trolls cost U.S. Slashdot readers 29 billion minutes in 2013 alone. My solution? Make it easier for low quality submissions to be re-examined and rejected by the Slashdot Firehose! : )

Re:Oh, So now only the big boys

[jkflying]

Samsung?

Re:Low Quality

[Anonymous Coward]

Easy Chuck Schumer is a democrat. So if the patent is owned by a GOP supporter it is low quality, if the owner supports the DNC it is high-quality.

Why should the patent office run different than the IRS.