International companies are concerned about Europe's casual attitude toward patent trolls. Companies such as Samsung and Apple see Europe has a paradise for patent trolls. Both of these companies complain that these patent trolls cause serious problems that continue to plague innovators. An open letter has been sent to European policy makers signed by very notable international companies claiming that the patent trolling in Europe has been escalating. These companies furthermore say that there must be a unified patent system so that standards will be similar across different nations.
It is an interesting debate about how to resolve patent issues across specific nations. Many nations don't have an as expansive patent troll litigation culture which makes them more favorable in patent related trial cases. There are concerns that there would be easier grounds on which to litigate on and this would create more litigation.
Yash, I think it is great that companies such as Apple and Samsung are taking a stand against patent trolling, at least in certain companies. I wanted ask what your take was on this move to try and enact policy change in Europe? Was it smart for both companies and how does that relate to their activeness in patent litigation?
In general, I think patent regulations are moving in the right direction, especially in the US. However, I think it's interesting to see that reforms in IP laws don't happen at the same time in different countries. For international corporations, this must be a huge headache, as they try to fight patent battles in many different countries with varied regulations.
Hey Luke, I think they definitely are a step in the right direction here in the United States. However, I believe that there needs to be an international task force at work that can kind of find the hotspots for patent trolling and effectively curb it in places with fewer regulations. International companies definitely would have a large problem having to have lawyers defend them in multiple courts across multiple countries. I think that there needs to be action items taken to keep up with patent troll techniques.
Roshan, I think what i mentioned earlier in terms of an international task force maybe made up of a few countries such as those in the G8 or G20 could be early adopters. And once regulations can curb patent trolling better, it can be expanded to countries where significant international business takes place. There must be international cohesion on this issue for it to be standardized across different countries and continents. I think that it was necessary to raise awareness that this is an issue and creating a safe haven for these companies creates problems for these corporations. I think the influence of these companies will lead to policy change for sure!
Is there any specific reason why Europe is pretty lose on this patent trolling issue? I don't have a lot of understanding about the European market, but I assume they have the same business intuition that spurring technology innovation is critical. Do they simply don't experience a lot of trolling or is it because the legal system there is far from settled?
Yash, I think it is great that companies such as Apple and Samsung are taking a stand against patent trolling, at least in certain companies. I wanted ask what your take was on this move to try and enact policy change in Europe? Was it smart for both companies and how does that relate to their activeness in patent litigation?
ReplyDeleteIn general, I think patent regulations are moving in the right direction, especially in the US. However, I think it's interesting to see that reforms in IP laws don't happen at the same time in different countries. For international corporations, this must be a huge headache, as they try to fight patent battles in many different countries with varied regulations.
ReplyDeleteHey Luke, I think they definitely are a step in the right direction here in the United States. However, I believe that there needs to be an international task force at work that can kind of find the hotspots for patent trolling and effectively curb it in places with fewer regulations. International companies definitely would have a large problem having to have lawyers defend them in multiple courts across multiple countries. I think that there needs to be action items taken to keep up with patent troll techniques.
ReplyDeleteRoshan, I think what i mentioned earlier in terms of an international task force maybe made up of a few countries such as those in the G8 or G20 could be early adopters. And once regulations can curb patent trolling better, it can be expanded to countries where significant international business takes place. There must be international cohesion on this issue for it to be standardized across different countries and continents. I think that it was necessary to raise awareness that this is an issue and creating a safe haven for these companies creates problems for these corporations. I think the influence of these companies will lead to policy change for sure!
Is there any specific reason why Europe is pretty lose on this patent trolling issue? I don't have a lot of understanding about the European market, but I assume they have the same business intuition that spurring technology innovation is critical. Do they simply don't experience a lot of trolling or is it because the legal system there is far from settled?
ReplyDeleteHi Yash, keep up the good work! You write well on interesting topics and your posts inspire good discussion.
ReplyDelete