Highlights From DOJ-FTC Patent Assertion Entity Workshop
December 17, 2012, 12:36 PM EST
Law360, New York (December 17, 2012, 12:36 PM EST) -- The Federal Trade Commission and the U.S. Department of Justice hosted a daylong workshop on Dec. 10, 2012, which gathered lawyers, academics and industry representatives to discuss the growing activity of patent assertion entities (PAEs). Patent assertion entities, often derisively referred to as patent “trolls,” are organizations whose business model is to acquire patents and generate revenue through licensing or litigation.
The PAE workshop was billed as evidence of the agencies' continuing concern to ensure robust competition in the innovation economy. Panelists and a standing-room-only audience...