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Re: [News] Acacia, Patent Trolls, and "Garbage Patents"

Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx> espoused:
> Acacia and Niro File Another Multi-Defendant Lawsuit on JPEG-on-a-Website
> Patent, Bringing Total to 16 Companies Sued
> 
> ,----[ Quote ]
>| Assuming it files one per month for the next 39 months until the patent 
>| expires, then what Acacia is really seeking is $600M from US industry for the 
>| JPEG-on-a-website patent. My guess is they?ll sue many more companies than 
>| that, and seek up to a billion dollars ? which, assuming a 33% contingency 
>| fee (which is low, probably), amounts to a cool $100 million per year for the 
>| Niro firm.     
>| 
>| And people wonder why he?d like to shut down websites critical of Acacia and 
>| other patent trolls. The real question is what does he want from you and me, 
>| for our photo blogs, our personal websites. His statements to IP Law 360 only 
>| referred to companies.   
>| 
>| The other real question is how many companies will spend millions in 
>| attorneys fees to fight rather than pay the $500K or $1M or $2M that Acacia 
>| is demanding. That's the sad state of patent litigation these days.  
> `---- 
> 
> http://trolltracker.blogspot.com/2007/12/acacia-and-niro-file-another-multi.html
> 

There's always someone waiting to exploit a broken legal system.

-- 
| Mark Kent   --   mark at ellandroad dot demon dot co dot uk          |
| Cola faq:  http://www.faqs.org/faqs/linux/advocacy/faq-and-primer/   |
| Cola trolls:  http://colatrolls.blogspot.com/                        |
| My (new) blog:  http://www.thereisnomagic.org                        |

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