Gregory K. Leonard
Different entities use the patent system in different ways, depending on their respective business models. It is important to acknowledge this dynamic when evaluating the propriety of revising the patent system to combat trolling or promote other goals.
Many vociferous opponents to patent trolls claim that trolls are a drag on society. Patent trolls are accused of using the patent system to extort unreasonable royalty payments from companies who benefit the economy by developing products that consumers want. The extortionary royalty payments, it is said, constitute a “tax” that ultimately leads to less product development and higher prices for consumers.
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