Linked by Thom Holwerda on Fri 5th Apr 2013 21:33 UTC
Google, EarthLink, BlackBerry, and Red Hat have joined forces and asked the FTC and the US Department of Justice to address the harm caused by patent trolling. "Our comments today also focus on a worrisome trend: some companies are increasingly transferring patents to trolls - and providing incentives to assert those patents against their competitors. These transfers can raise rivals' costs and undermine patent peace. This trend has been referred to as patent 'privateering': a company sells patents to trolls with the goal of waging asymmetric warfare against its competitors." Big figures: patent trolls cost the US economy $30 billion per year.