Patent Trolls on the Hot Seat
March 14, 2013 | by Julie Samuels and Daniel NazerToday Congress heard overwhelming evidence about how patent trolls—companies that assert patents as a business model instead of creating products—are abusing the system to stifle innovation. At a hearing before the House Judiciary Subcommittee on Courts, Intellectual Property and the Internet, witness after witness testified about patent trolls who use the threat of ruinous defense costs to pressure companies into paying settlements on vague and overbroad patents.