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Re:Standing Up to a Dangerous New Breed of Patent Troll by stcredzero on Thursday May 11, 2017 @01:42PM (#14317979)
Blackbird combines both a law firm and intellectual property rights holder into a single entity. In doing so, they remove legal fees from their cost structure and can bring lawsuits of potentially dubious merit without having to bear any meaningful cost.

If there is a place where government regulation can do some good, this might be it. The combination of these two kinds of company represents a moral hazard. There is a precedent for this kind of regulation, which mandates the separation of certain kinds of companies:

https://en.wikipedia.org/wiki/Separation_of_investment_and_r...

EDIT:

increasingly in the world of software or tech patents, the trolls rely on the broadest possible interpretation of vague or generalized patents to sow as much uncertainty as possible.

I've run across people involved with patent law here and on reddit, and they seem to get triggered by laypeople ridiculing the vague and abstruse nature of patents. (Really, go and read some! Try searches for video on the Internet!) I find that also weird, in the same way that a lot of legal stuff is weird.

And about 70% of all patent infringement claims are filed by patent trolls, a share that has more than doubled in recent years. It is estimated that litigation initiated by patent trolls in U.S. courts cost companies as much as $30 billion in direct costs, a number that has increased more than four-fold over the last ten years.

Interesting statistic. If the preponderance of patent claims run counter to the original intent of the mechanism, then something is clearly wrong.

Re:Standing Up to a Dangerous New Breed of Patent Troll by toast0 on Thursday May 11, 2017 @03:45PM (#14318896)
Without addressing the validity of patents or the appropriateness of NPE suits, which is being covered elsehwere in the thread...

Are "legal fees" that much more expensive than the cost of actually doing the legal work required?

A lot of companies have in-house lawyers, what's the difference between a NPE with in-house laywers to file patent suits, and a law firm that acquires patents to file patent suits? Or even, the difference between that and an NPE hiring an outside law firm which charges a very low margin (possibly with a contingency fee as well)?

Re:Standing Up to a Dangerous New Breed of Patent Troll by throwawaykf09 on Thursday May 11, 2017 @05:08PM (#14319540)
The so-called study that came up with that "30 billion" number has been thoroughly debunked. Of course, the debunking of these things gets zero media coverage, because they get no rage views compared to "news" with outrageous numbers like that.
Re:Standing Up to a Dangerous New Breed of Patent Troll by bogositosius on Thursday May 11, 2017 @09:34PM (#14320845)
>If there is a place where government regulation can do some good, this might be it.

Isn't government regulation the cause of this problem? These trolls only exist because there's a government patent system.