“Patent trolls” are seen as a headache for major companies like Apple and Alphabet. To combat this, the U.S. Supreme Court implemented a new rule to make it harder for these entities to file lawsuits in friendly courts.
In a report from Reuters, the new ruling will help lessen patent litigation filed in a federal court district. Moreover, the Supreme Court’s rule will lessen the choices to “shop” for friendly courts.
The new rule comes as TC Heartland LLC won a legal battle with Kraft Heinz Co. The two companies entered a dispute because Kraft filed a patent lawsuit against Heartland in the federal court in Delaware.
On the other hand, Heartland tried to transfer the case to its home base in Indiana but was later denied. Ultimately, justices ruled 8-0 that patent suits should only be filed where the target company was incorporated.
According to a Stanford Law School Journal, East Texas is where over 40% of patent infringement cases are lodged and 90% of it are from patent trolls.
The most frequent targets of patent trolls are big-name tech companies like Apple, Microsoft, Google, and Samsung. These companies have been vocal on the need for legislation to help cut down on patent suits and to limit where they are filed.
With the new ruling, it can hopefully discourage patent trolls from launching cases.
6 enterprise tech trends to consider in 2019 and beyond
Here are the tech trends that could bring groundbreaking changes to businesses this 2019 and even the years to come.
Securing consumer rights in a cashless society
The new EU payment directive might spark concern about a move away from cash—but blockchain technology could protect consumers.
Back to basics: The best investments that you should be looking into
Everyone is trying to make money, and one way to do so is through investing in businesses. Before you dive...
Tinctures reign supreme in CBD industry for simple and versatile uses
CBD tinctures have become the product of choice for many users as they are easily customizable according to their individual...
Should you bet on communication services stocks in 2019?
While the communication services sector is a relatively new market segment, it is expected to post revenue growth for 2019.
- Sponsored2 days ago
The fight against cybercrime makes cybersecurity the top investment choice for 2019
- Business3 days ago
How blockchain can solve the broken link of supply chain logistics
- Business4 days ago
A guide to investing in your first commercial property
- Commodities5 days ago
What gold investors should expect this 2019
- Crypto4 days ago
Bitcoin welcomes 2019 with an unexpected price surge
- Business3 days ago
More Chinese middle class buying lower-priced US houses
- Economy5 days ago
Japan PMI surveys reveal more upbeat sector of global economy
- Featured5 days ago
Here’s an investing lesson to learn from Puerto Rico