Tag Archives: Federal Trade Commission

Patent Trolls and Nigerian Scammers

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What do patent trolls and Nigerian princes have in common? Two things come to mind. First, if you get an email from either one, nothing good can come from it. Second, hardly anybody falls for either scam. According to the Federal Trade Commission (FTC), the most notorious patent assertion entity (otherwise known as a patent troll) has agreed to a consent decree. Which means they have agreed to halt their deceptive business practices. Of course, Read More >

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‘Gene Patents’ Stifle Research?

'Gene Patents' Stifle Research?

The Federal Trade Commission has noted that “concern previously centered on the belief that biotechnology patent protection was too strong” and “would actually obstruct commercialization on new products, thereby hindering follow-on innovation.  This problem has yet to materialize.  The reasons for this are numerous and are often straightforward matters of basic economics. In addition to licensing being widely available, researchers make use of a variety [of] strategies to develop working solutions to the problem of Read More >

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