A Closer Look At Google's New Patent Program

Law360, New York (May 27, 2015, 8:53 AM EDT) -- For two weeks, from May 8 through May 22, Google Inc. opened up "a streamlined portal" where U.S. patent owners could have offered to sell Google their intellectual property. The Patent Purchase Program, announced on April 27, was described on Google's blog as both an "experiment" and a 20 percent project for Google's lawyers.[1] The stated intent of the pilot program is to "remove friction from the patent market and improve the landscape" by providing IP owners with the opportunity to sell to Google rather than to nonpracticing entities.[2]

During the two-week window, patent owners could submit an application via an...

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