Just recently top lawyer, Mark Griffin, testified in front of lawmakers that companies spend millions to scare away patent trolls. Others who cannot afford such deterrents are forced to settle, both of which are unnecessary taxes on innocent operating companies. He was joined by CEOs of a credit union and app company, who also related horror stories of patent-based face-offs. The focus of the hearing was to encourage Congress to address the serious issue of patent trolls, who have plagued US companies for years despite numerous attempts by the courts and lawmakers.
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