‘shell companies whose business revolves around acquiring patents and then suing others for infringing on them’
There is so much misinformation in this piece we don’t know where to begin. This is commonplace for that writer who we suspect is in fact a paid pr hack. Does he only write what he is paid to? He makes no effort at balance or fairness. Fairness is not in the lexicon of thieves.
We would have left our comment on their site, but they do not allow. Is Fortune reporting, or spreading big business propaganda? Do he and Fortune have an agenda?
It would take a tome to correct all their lies and dissembling. For example, inventors often lack the resources to enforce their patents -certainly against large multinational infringers, so we have no choice but to collaborate with others or sell our patents outright to someone who can. But if those we sell to or collaborate with are blocked from enforcing them we have NO chance of selling or benefiting from our inventions. Our large thieving competitors know that full well. If one who protects their property from others who would otherwise blatantly steal is a troll, then call us all trolls. This ‘troll’ rhetoric is just a veiled attempt by our large competitors to block any attempt at stopping their thievery. Don’t believe the lies of thieves.
The patent system now teeters on the brink of lawlessness. Call it what you will…patent hoarder, patent troll, non-practicing entity, shell company, etc. It all means one thing: “we’re using your invention and we’re not going to stop or pay”. It’s a pure red herring by large invention thieves and their paid puppets to kill any inventor support system. As Mark Twain said, ‘truth is not hard to kill, and (that) a lie well told is immortal’.
For our position and the changes we advocate (the rest of the truth) to truly reform the patent system, or to join our effort, please visit us at https://aminventorsforjustice.wordpress.com
or, contact us at firstname.lastname@example.org