The US Federal Trade Commission issues report on patent assertion entities

On October 6, 2016, the Federal Trade Commission (FTC) issued its long-awaited report on patent assertion entities (PAEs). Sometimes called “patent trolls,” these actors have elicited fierce debate, with critics lamenting their ability to demand ransom money and hold up an industry while proponents applaud their role in making markets more efficient and returning money to individual inventors. Pursuant to FTC Act Section 6(b), the agency issued subpoenas, seeking to obtain information not previously available on these questions. The resulting report did not reach conclusions on the return of revenues to inventors and offered proposals not fully supported by its findings, but shed new and useful light on PAEs’ patents and enforcement. Introduction and background The report began by

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Michael A. Carrier, The US Federal Trade Commission issues report on patent assertion entities, 6 October 2016, e-Competitions October 2016, Art. N° 82367

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