The first video I chose to analyze is Drew Curtis'.
He's TED Talk is about his personal story of enduring a Patent Troll infringement case and he has a lot of great insight to give!
He indicated that nowadays it is too easy to get a new patent and this can be achieved by taking something already being done and patenting it for an emerging technology for eg. telephoning on internet.
However due to new technologies this makes the mechanism obscure and oftentimes these lawsuits end in settlements. Unfortunately the avg cost for a defendant if you WIN is $2million and 18 months of your time. This is ludicrous! For this reason it is cheaper to settle than to fight a lawsuit!
However he does have a suggestion: fight the infringement of the patent, not the patent itself as it makes the case much easier and more manageable. By doing this himself he was able to settle his case for ZERO dollars.
His ending recommendations are the following:
- fight the infringement NOT the patent
- make it clear that you have no money and would prefer to give it to a lawyer
- make it as annoying and painful as possible!
He ends on a funny line with DON'T NEGOTIATE WITH TERRORISTS! but in all honesty, these trolls have become the terrorists of the Intellectual Property World!
That's all for this blog post and stay tuned for another video commentary!
Cheers!
Hi Oliviero,
ReplyDeleteAwesome post in terms of summarizing the presentation along with throwing in tidbits of your own opinion on the issues presented by Mr. Curtis. I just wish Mr. Curtis actually defined what it meant to be as "annoying as possible" with the trolls. That just seemed like such a generic statement and I really wish he could have went more in-depth in terms of defining what that actually meant. Anyways, good post and maybe you can discuss that question I bring up in a later post of yours possibly!
Hi Oliviero,
ReplyDeleteI liked this talk, because it dealt with patent trolls which we have talked a lot about in class. How can you relate the information we learned in class with this talk?