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> when they don't make use of the patent themselves, except to extract money from other people, typically through threats of legal action. If someone has (what
by gist 2y ago
> when they don't make use of the patent themselves, except to extract money from other people, typically through threats of legal action.
If someone has (what you have called) 'a legitimate patent' then they have the right (whether they use the patent or not) to then pursue legal action to either stop use of the patent or to settle for money damages.
What companies don't like is someone coming along with the ability to engage legal help that they wouldn't be able to do with out the attorneys that are handling this (to gain a payoff for themselves which well attorneys do for other things).
However while this seems different than similar things that happen (with actual companies with legal resources) it's really just the same thing just by different parties.
If let's say General Electric has a patent on something and you use that patent GE can come after you (and probably will). Same as with large companies defending their IP (trademarks).
- antasvara 2y agoI feel like you're discussing this from a legal perspective, when it's really more of a moral (not the right word but the general concept is fine) one. "GE defending a patent they use in their products" and "an LLC with one patent as an asset and no real business outside of defending said patent" are two entirely different situations, even if legally they're the "same."