Jul 28, 2016
The LOT Network (a non-profit first launched by Google) is a group of high-profile tech and auto companies Patent Trolls.
2015 was the biggest year ever for patent trolls with nearly 80%
of suits in tech, and LOT Network is one prong of a multi-prong
defense for companies as varied as Red Hat, GitHub, Box, Lenovo,
etc. With numbers like this - 3M to handle a patent troll suit (on
average), 500% growth in patent troll activity in past 10 years,
80,000,000,000 per year in total on patent troll litigation - the
issue is pervasive.
I invited Ken Seddon, CEO of LOT Network onto the show to learn more.
Last Week Tonight with John Oliver: Patents - https://www.youtube.com/watch?v=3bxcc3SM_KA