PAE

(redirected from Patent troll)
Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.

PAE

Abbreviation for postantibiotic effect.
References in periodicals archive ?
The court found that the term 'patent troll' is a non-actionable expression of opinion and that 'ABA clearly and comprehensively laid out the facts upon which it based its opinion.'
See Justin McCabe, High Hurdle for State Laws To Curtail Patent Troll Activities, GREEN MOUNTAIN IP (Apr.
(2012), a jury in the Eastern District of Texas (notoriously easy ground for patent trolls) ordered Apple to pay $368 million for infringement of a technology used in Apple's FaceTime function, despite strong evidence that the technology at issue was only tangentially related to the device's core functions.
Citing an annual economic cost of $29 billion, proponents of reform seem to have an airtight case--at least until one looks below the surface at what precisely is meant by a patent troll. Unfortunately, there is no agreed upon definition, and defendants, watchdog groups and internet fear mongers have a vested interest in defining the term as broadly as possible.
As such, adjusting the length of the patent to more closely match the nature of the industry such as in software would allow the inventor to capture their profit share while concurrently eliminating the likelihood of patent trolls being able to capitalize on old patents to hold firms hostage for payouts or jury verdicts.
"Secured by Unified provides a smart solution for startups that have been lacking an efficient, effective and affordable way to deter against frivolous litigation from patent trolls," said Application Developers Alliance Acting President Jake Ward.
Patent trolls remain a significant risk for startups.
Ultimately, it is the companies at risk that will have to take steps, and take them soon, to minimize the unavoidable impact of patent troll attacks.
With the patent troll situation still in flux, companies cannot afford to let their guard down in regard to intellectual property protection and business strategy.
"Patent trolls have targeted retailers over and over again to try to extract extortionate settlements from these innocent users of products.
Court orders prolific patent troll Shipping & Transit LLC to pay defendant's legal bill.
1165, 1199 (2008) ("To conclude, one thrust of current patent reform efforts focuses on remedies, with the most frequent object of discussion being the 'patent troll,' the nonexploiting owner of a patent whose business model is based on extracting licensing fees from unintentional infringers.").